@article{Stringer:135417,
      recid = {135417},
      author = {Stringer, Randy},
      title = {The Environment, Economics and Water Policies},
      address = {1997-01},
      number = {408-2016-25519},
      pages = {26},
      year = {1997},
      abstract = {Water's unique physical properties. complex. economic  characteristics, important cultural
features, and essential  role in supporting all life on earth distinguish it from  all other natural resources. These multifaceted  characteristics mean that developing effective water  policies involves economic, ecological, environmental,  legal,·and political considerations. In most societies,  political considerations dominate water use decisions.  Nonetheless, most water policy options are framed and  discussed in economic terms. This paper examines how  environmental economics contributes to this  policymaking
process. The paper outlines how economists  have responded to the most recent wave of
sustainable  development concerns by adapting and expanding the  neoclassical framework
in ways that provide a compelling  view and a practical basis for addressing  water-related
environmental concerns. It suggests that,  whenever possible, incentive-based, market
approaches to  social goals, including environmental protection, offer the  best hope for efficient and sustainable use of water  resources.},
      url = {http://ageconsearch.umn.edu/record/135417},
      doi = {https://doi.org/10.22004/ag.econ.135417},
}