Tapping Water Markets by Terry Anderson, the John and Jean De Nault Senior Fellow at the Hoover Institution and cochair of Hoover's Property Rights, Freedom, and Prosperity Task Force; Brandon Scarborough; and Lawrence R. Watson, is about the past, present, and future of water markets. It compares water markets with political water allocation, documents the growth of water markets, and explores the ways in which water markets can be improved and further implemented. This book provides up-to-date information on where and why water shortages occur and how water markets are evolving to resolve conflicting water uses.
Although the book’s main focus is the United States, it includes examples from other parts of the world to show how water markets are beginning to thrive. It contains institutional details that are accessible to people who are not experts in the field and comes alive with numerous case studies of water markets.