Tagged: water trading

Water pricing and bottling plants - The Dismal Science

Eric Crampton Mar 27, 2017

And here we go for another edition of “Because you’ve misspecified the problem, your proposed solution might make things worse.” The past couple of weeks have had renewed anger about water bottling plants. If you buy land with water drawing rights attached to it, you don’t get charged for drawing that water. The value of the water is baked into … Read More