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Water Auction Design for Supply Reliability: Design, Implementation, and Evaluation
|Title||Water Auction Design for Supply Reliability: Design, Implementation, and Evaluation|
|Year of Publication||2009|
|Author(s)||O'Donnell M, Colby B|
|Publisher||Department of Agricultural and Resource Economics, University of Arizona|
The purpose of this guidebook is to provide an overview of what steps are needed to create an effective water acquisition program using an auction, as well as to provide the reader with a concise menu of decision and evaluation criteria. This guidebook examines design and implementation factors, as well as the potential shortcomings of each proposed auction design. Although water auctions have been used in the USA and abroad, they have their own unique 2 considerations and auction design needs to reflect the goals of the water acquisition program.