The Institutional Economics of Granting a River Legal Standing
The governance of water is of increasing concern to policy analysts. Several property rights systems, which allow for ownership of water by the individual, community, or state have been advocated, but no approach has been uniformly successful in resolving water quality or scarcity issues. In some cases, identifying alternative property rights arrangements for governing water systems could be useful. This research examines how a river system can be granted...[Show more]
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