The Institutional Economics of Water – A Cross–Country Analysis of Institutions…

The Institutional Economics of WaterA Cross-Country Analysis of Institutions and Performance\nAuthor(s): R. Maria Saleth, Ariel Dinar\nFormat: Hardback\nPublisher: Edward Elgar Publishing Ltd, United Kingdom\nImprint: Edward Elgar Publishing Ltd\nISBN-13: 9781843767770, 978-1843767770\nSynopsis\nThis outstanding new book provides the most detailed and comprehensive evaluation of water reform and water sector performance from the perspectives of institutional economics and political economy. Skilfully integrating institutional theory with resource economics, and set against an exhaustive review of the theoretical and empirical literature, the authors develop an alternative methodology to quantitatively assess the performance of institutions in the context of water. This methodology is built on the principle of 'institutional ecology', the 'institutional decomposition and analysis' framework, and the 'subjective theory' of institutional change. Using this new methodology, plus informat.