Economic Impacts of Perceived Water Supply Shortages

On August 23, 2013, Jeremy Aguero delivered a presentation on water resource economics to the Water Law Institute. The presentation focused on the economic implications of a water shortage, whether real or perceived. The presentation summarized the negative effects reported throughout the United States as a result of water shortages or restrictions in various states. Those impacts not only affected consumer behavior but also industries as diverse as agriculture and tourism. Conservation was cited as a key factor, as the competitiveness over limited resources is expected to become increasingly scarce as a record drought continues.

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