TR 47 - Managing an Interrelated Stream-Aquifer System: Economics, Institutions, Hydrology, J.T. Daubert, R.A. Young, H.J. Morel-Seytoux, April 1985

This report attempts to forecast the ground and surface water allocation and the corresponding net economic benefits to water users so as to evaluate three alternative policy approaches. Any change from the historical open access policy generates a gain to surface water right owners, a loss to those who must curtail their pumping, and administrative cost. The goal is to determine the water resource policy that maximizes the net economic benefits.