Ghosh, Sanchari; Cobourn, Kelly; Elbakidze, Levan - Agricultural and Applied Economics Association - AAEA - 2013
States in the arid U.S. West, where average annual precipitation is below 20 inches, have experienced ongoing water scarcity in part due to prolonged spells of drought. Most western states rely on the doctrine of prior appropriation based on the seniority of rights to allocate water across...