9377

• UCREFRP Catalog Number: 9377
• Author: Colorado Water Workshop.
• Title: 16th Annual Colorado Water Workshop.
• USFW Year: 1991.
• USFW - Doc Type: Western State College.
• Copyright Material: NO

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page 6

E. Conclusion

What we currently have is not working within the context. We need
experience with water markets. Larry has provided a great service in
gathering this from the pioneers. I would suggest that individual and
community discovery and interpretation of interests can: bring out the
relevant public interests; provide creative ways for coping with
externalities and providing oversight; and facilitate community and
individual adjustment to change. It will not be perfect but we have to get
started. Luna Leopold recently observed that natural resource management
in our country has not been guided by an ethos of long-term sustainability
but instead is stressed by a plague of special interests and a disdain for
equity. A water marketing emphasis in the reallocation process, done with
regard for context, the community, lessons learned, and with recognition of
process limitations seems to hold promise.

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Some useful references in addition to those given in the discussed paper:

Baker M. J. (1983) Marke~ Development: A Comprehensive Survey, Penguin
books Ltd., Harmondsworth, England.
Engelbert E. A. and Scheuring A. F., Eds. (1984) Water Scarcity: Impacts On
Western A~riculture, University of California Press, Berkeley,
California.
Hardin G. (1968) 'rhe Tragedy of the Commons in 'roward A Steady- State
~conomY (H. E.Daly, Ed.), pp. 131-148, W. H. Freeman and Co., San
Francisco and Science 162, 13 December, pp. 1243-1248.
Leopold L. B. (1990) Ethos, Equity, And The Water Resource - The 1990 Abel
Wolman Distinguished Lecture Environment March, pp. 17-42.
Sax J. P. (1990) The Constitution. Property Ri~hts And The Future of Water
Law, Western Water Policy Project Discussion Paper Series - No.2,
Natural Resources Law Center, University of Colorado School of Law,
Boulder, Colorado.
Weisbrod B. A., Handler J. F. and Komesar N. K., Eds. (1978) Public
Interest Law: An Economic and Institutional Analysis, University of
California Press, Berkeley, California.
White G. F., Chm. (1968) Water And Choice In The Colorado Basin: An Example
Of Alternatives II} Water Mana~ement, Commit.tee on Water of the
National Research Council, National Academy of Sciences, Washington,
D. C.