Regulatory design for water quality management in urban catchments. This project aims, through empirical research (i) to evaluate the effectiveness of current regulatory, quasi-regulatory and other policy strategies for water quality management in urban catchments (including total/integrated catchment management); (ii) to provide practical policy prescriptions concerning how through judicious regulatory and institutional design, those problems may be best addressed for the future; and (iii) adva ....Regulatory design for water quality management in urban catchments. This project aims, through empirical research (i) to evaluate the effectiveness of current regulatory, quasi-regulatory and other policy strategies for water quality management in urban catchments (including total/integrated catchment management); (ii) to provide practical policy prescriptions concerning how through judicious regulatory and institutional design, those problems may be best addressed for the future; and (iii) advance regulatory theory by developing a framework for understanding the relative effectiveness of different regulatory regimes in the context of urban catchment management. Its empirical focus is on the Swan-Canning river in Western Australia.Read moreRead less
Improving water market outcomes through a better understanding of market behaviour. The issue of water resources and their sustainable use is probably the most important issue facing the rural sector. The water reform process and its aim to secure water for the environment will cause economic and social pain and result in structural change within the irrigation sector. Properly functioning water markets will play an instrumental role in facilitating this process by providing water for the envir ....Improving water market outcomes through a better understanding of market behaviour. The issue of water resources and their sustainable use is probably the most important issue facing the rural sector. The water reform process and its aim to secure water for the environment will cause economic and social pain and result in structural change within the irrigation sector. Properly functioning water markets will play an instrumental role in facilitating this process by providing water for the environment and allowing water to move between competing resources. This study will enable policy makers and water managers to optimise the positive outcome of water markets and increase the likely success of programs to purchase environmental water.Read moreRead less
Economic Analysis of an Environmental Challenge: Salinity, Uncertainty and Property. The applicability of standard property-rights solutions to complex environmental issues such as salinity is examined. Water and carbon trading, as well as issues relating to agricultural land management are addressed. In particular, the use of price instruments as a potentially more attractive mechanism than standard quantity instruments for achieving desirable outcomes is examined. The project will exploit and ....Economic Analysis of an Environmental Challenge: Salinity, Uncertainty and Property. The applicability of standard property-rights solutions to complex environmental issues such as salinity is examined. Water and carbon trading, as well as issues relating to agricultural land management are addressed. In particular, the use of price instruments as a potentially more attractive mechanism than standard quantity instruments for achieving desirable outcomes is examined. The project will exploit and extend recent theoretical developments in modelling under conditions of uncertainty, and the use of price and quantity instruments in regulatory contexts.Read moreRead less