In Common cover image

102: Rights for Rivers with Erin O’Donnell

In Common

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Water Market Design and Theorists and Practitioners Would Do Well to Remember That You Can't Actually Avoid Them Entirely.

The Australian solution to that was actually to unbundle the elements of the water right. And so in some ways that, yeah, that the honesty of those transaction costs in the US circumstance is something that Australian water market designers and theorists and practitioners would do well to remember because you can't actually avoid them entirely.

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