Water Rights and Markets in the U.S. Semiarid West - Evolution of Property Rights Related to Land and Natural Resources

Conference Papers, November 2011

By: Lincoln Institute of Land Policy

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Integrated Water Resource Management

The topic of discussion are the many intensifying demand and supply problems regarding fresh water are playing out-as a mixed private/public resource. The complex politics of water, as well as its physical characteristics, raise the resource and political costs of defining and enforcing property rights and complicate efforts to manage and allocate water in the markets.