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<br />DRAFT <br /> <br />TABLE OF CONTENTS <br /> <br />I. Introduction <br /> <br />II. General Legal Context--Prior Appropriation System <br /> <br />III. The Area of Origin Concept <br /> <br />IV. Types of protection <br />A. Prohibition or Severe Restriction <br />1. Riparian Law <br />2. The Nebraska Experience <br />3. Mon tan a <br />4. Ar i zona <br /> <br />B. Allocation <br />I. Recapture of Permanent priority <br />2. Reservation <br />3. Evaluation <br /> <br />C. Compensation <br /> <br />V. The Colorado Approach <br />A. General Colordo Doctrine <br /> <br />B. <br /> <br />The <br />1. <br />2. <br />3. <br />4. <br /> <br />Conservancy District Exception <br />Historical Setting <br />The Law <br />Judicial Interpretation <br />Other Experience with Compensatory <br /> <br />Storage <br /> <br />C. An Evaluation of the Colorado Approach <br /> <br />VI. Economic Analysis of Area-of-Origin Compensation <br />(protection) Schemes <br />A. Why Compensate Areas of Origin? <br /> <br />B. Economically Efficient Transbasin Diversions <br />1. Least-Cost Source of Water Supply <br />2. Benefits Must Exceed Costs <br /> <br />C. Appropriate Forms of Compensation <br /> <br />D. General Compensation Guidelines <br /> <br />VII. Conclusions and Recommendations <br />