Allocation and Pricing at the Water District Level
为非营利性水机构设计高效定价方案，比较现有平均成本定价与“主动交易”“被动交易”两种方案，发现被动交易因交易成本更低而更优，并以以色列水经济为例验证。
Abstract Efficient water pricing schemes are introduced for nonprofit water agencies, where members have property rights based upon historical usage. The existing average cost rate design is compared with the proposed designs, “active trading” and “passive trading.” Both schemes lead to efficiency, but “passive trading” has operational advantages since it generates less transaction costs than “active trading.” Block rate pricing is shown to be suboptimal and inferior to “passive trading.” An example from the Israeli water economy is used as an empirical illustration.