DO MISSING INSTITUTIONAL ARRANGEMENTS BLOCK ENLARGEMENT OF WATER MARKETS?

As we consider the potential for expanding water markets as a means to help prevent water shortages, it is clear that there is resistance to such an expansion. This resistance should not be surprising given that there are likely to be both gainers and losers from expanded water markets. This papers shows that there are a number of potential market failures when water markets are expanded and that these failures are important to different stakeholder groups. These failures result from both technical and pecuniary externalities. If markets are to expand beyond the local level, new institutional arrangements will be needed that help reduce the negative impacts of the different market failures. In the past a number of institutional arrangements have been used by different stakeholder groups to block trading. We review some of these arrangements as well as institutional arrangements that can work to promote market expansion by mitigating market failures or by compensating damaged parties.Resource /Energy Economics and Policy,

Tribute to the Honorable Rex E. Lee Solicitor General of the United States 1981-85

Rex Lee lived a life of faith. He had faith in the legal profession, faith in the United States Constitution, faith in education, faith in family, and faith in God

When Ignorance Is Not Bliss: In Search of Racial and Gender Equity in Intercollegiate Athletics

While racial and gender-based inequities regularly occur throughout our broader culture, this Article focuses on their presence in the context of athletics. Part II of this Article examines possible racial and gender implications associated with the common unwillingness, in the academic context, to take seriously the academic skills or values that may attend participation in athletics. Effective efforts to deal with racial and gender- based inequity in the operation of intercollegiate athletics will have to account for the presence of this broader academic ambivalence toward participation in athletics. Part III, in turn, deals with the existence of racial and gender inequity in athletics generally, and specifically, in intercollegiate athletics at the Division I level.\u27 Part IV examines a number of reform and related efforts designed to enhance racial and gender equity in intercollegiate athletics

Preface

The Solicitor General of the United States is the Appellate Lawyer\u27s Lawyer. The Solicitor General is the leading appellate advocate before the Supreme Court. The Solicitor General participates in 75% of oral arguments in the Court and represents no one but the United States. This special section is a tribute to this valued position