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The central challenge for Arizona and many other arid regions in the world is keeping a sustainable water supply in the face of rapid population growth and other competing demands. This book highlights fresh approaches that Arizona has pioneered for managing its water needs. It also explores Arizona's Groundwater Management Act.

The central challenge for Arizona and many other arid regions in the world is keeping a sustainable water supply in the face of rapid population growth and other competing demands. This book highlights fresh approaches that Arizona has pioneered for managing its water needs. It also explores Arizona's Groundwater Management Act.

Policy makers in Australia have been forced to acknowledge that it is not possible to perpetually supply more water at a low cost. This book provides insight into the challenges of institutional change, as well as lessons on the design of property rights for complex resources.