Gibbons examines the water supply problem through five case studies. The problems faced by these regions and the methods suggested to overcome them provide excellent models for the entire United States. The case studies---typically, expanding supplies---but economic efficiency principles lead to emphasizing managing the demand. In many cases, this means reducing demand by raising prices.
Foreword Kenneth D. Frederick Introduction 1. Municipalities Price Elasticity of Municipal Water Demand The Value of Water in Municipal Use: Concepts The Value of Water in Municipal Use: Estimates 2. Irrigation Water Demand for Irrigation Valuation Methods Estimate fo Water Values 3. Industry Industrial Water Demand and Value: Concepts Estimates of Water Values 4. Waste Assimilation Pollutants Valuation Methods Estimates of Water Values 5. Recreation and Aesthetics Valuation Methods Estimate of Water Values 6. Navigation Mechanics of Waterway Navigation Navigation Water Demand The Economic Value of Navigation Estimates of Water Values 7. Hydropower The Value of Water for Hydropower: Concepts Estimates of Water Values Epilogue