Links to USDA, Forest Service, and Rocky Mountain Research Station Link to USDA Forest Service Link to U.S. Department of Agriculture Link to Rocky Mountain Research Station


A group of the Human Dimensions Program




Selected Projects

A Primer on Nonmarket Valuation

Discussion Papers




How to Contact Us

Water Markets

Scarcity begets trade, which begets markets. Where institutions allowed it and transaction costs were not excessive, the growing scarcity of water in the western U.S. has often brought willing buyers and sellers together in what is called a water market. Water markets offer valuable information about the value of water. However, water markets differ markedly from one location to another, so that prices determined in such markets must be interpreted in light of the characteristics of the specific markets. This project aims to learn more about water markets and their water prices as a means to better understand the value of water leaving the public lands.

Selected Publications

To view PDF files, you will need Adobe Acrobat Reader, available free of charge from Adobe's website.

To top of page  To top of page

Home | Personnel | Projects | Publications | Nonmarket Valuation | Discussion Papers | Software | Seminars | Links | Contacts

Questions or comments? Contact Webmaster

U.S. Department of Agriculture
Forest Service
Rocky Mountain Research Station