Comparing Price and Non-Price Approaches to Urban Water Conservation

Comparing price and nonprice approaches to urban water conservation

[1] Urban water conservation is typically achieved through prescriptive regulations, including the rationing of water for particular uses and requirements for the installation of particular technologies. A significant shift has occurred in pollution control regulations toward market-based policies in recent decades. We offer an analysis of the relative merits of market-based and prescriptive ap...

Designing Nonlinear Price Schedules for Urban Water Utilities to Balance Revenue and Conservation Goals* by

Parametric and non-parametric approaches to price and tax reform

In many public policy problems, we need to estimate the way in which policy changes affect people’s behavior. In the analysis of tax and subsidy reform, which is the topic of this paper, we need to know how tax-induced price changes affect the amounts that people buy of the taxed goods. We present various economic and statistical approaches to obtaining the estimates that are required. We consi...

Price and Non-Price Influences on Water Conservation: An Econometric Model of Aggregate Demand under Nonlinear Budget Constraint

In this paper, a basic theoretical model of residential water consumption that adequately represents consumer behavior when facing a nonlinear budget constraint is developed. The theoretical model for an individual consumer is adapted to yield an aggregate model that essentially preserves the structure of the demand function for the individual. The model is used to study the influence of prices...

price theory

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