This article discusses the key practical issues associated with de¢ning property rights to water use, in the context of broadening the scope of the market for transferable water entitlements. In particular, the third party impacts of water trade and the need for improved water trading rules are discussed. Some of the issues associated with de¢ning the reliability of water rights, including the design of appropriate dam management policies, are also discussed. The article concludes with some positive suggestions for the policy debate.
The following is the established format for referencing this article: Lal, P., H. Lim-Applegate, and M. Scoccimarro. 2001. The adaptive decision-making process as a tool for integrated natural resource management: focus, attitudes, and approach. Conservation Ecology 5 (2)
The following is the established format for referencing this article: Lal, P., H. Lim-Applegate, and M. Scoccimarro. 2001. The adaptive decision-making process as a tool for integrated natural resource management: focus, attitudes, and approach. Conservation Ecology 5 (2)
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