Water managers tend to have narrow views on what they consider to be the value of water. However, not all water use is market driven; therefore, a comprehensive understanding of local community values associated with water can inform decision making by water managers. We use the term 'water manager' to encompass not only the singular person assigned this community duty but also the many councils and institutions who make decisions regarding local water resources. Regarding conventional values of water, an abundance of research exists; yet, for intangible aspects such as conservation for its own sake and spiritual connections, research involving value is limited. There are volumes of works that estimate the monetary values of water; however, intangible values are often overlooked. In general, few studies endeavor to estimate worth for water that encompasses more than a monetary value. We argue that it is the inclusion of both monetary and non-monetary values that justifies trust in the position of water manager.
Water managers tend to have narrow views on what they consider to be the value of water. However, not all water use is market driven; therefore, a comprehensive understanding of local community values associated with water can inform decision making by water managers. We use the term 'water manager' to encompass not only the singular person assigned this community duty but also the many councils and institutions who make decisions regarding local water resources. Regarding conventional values of water, an abundance of research exists; yet, for intangible aspects such as conservation for its own sake and spiritual connections, research involving value is limited. There are volumes of works that estimate the monetary values of water; however, intangible values are often overlooked. In general, few studies endeavor to estimate worth for water that encompasses more than a monetary value. We argue that it is the inclusion of both monetary and non-monetary values that justifies trust in the position of water manager.
There is no more fundamental substance to life on earth than water. Three quarter of the Earth's surface is covered by either saltwater or freshwater, yet millions face a daily struggle to access...
While on a mission to investigate a supposedly empty dwelling in the middle of nowhere in Iraq, Lieutenant Johnny Tisdale of the Canadian Armed Forces finds and rescues a missing sergeant of the...
What goals and principles should guide us through life's journey? In this inspirational 1893 work, Anna Robertson Brown Lindsay poses the vital question "What is Worthwhile?" to new graduates...
Silver is also precious, in addition to gold. And platinum is prized; even copper and base metals are of value. Whatever the getting of the ore within here, it is hoped that something, anything, even...
What if the customer determined the price they pay based upon the value they receive? How might that change things? Pay What It's Worth pricing is a system allowing for a different way of valuing the...
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