PRINCIPAL INVESTIGATOR:

Dr. James Roumassett, Water Resources Research Center/Economics, University of Hawaii at Manoa (UH)

SPONSOR:

USGS State Water Resources Research Institute Program

PROJECT PERIOD:

03/01/06 - 02/28/07

ABSTRACT:

Our current research involves two parallel extensions to the work done by James Roumasset and Basharat Pitafi in 2004. The first involves a reassessment of the Honolulu aquifer distribution and consumption, analyzing the new pricing scheme instigated by the Honolulu Board of Water Supply (HBWS), effective October 1, 2006, against the efficiency pricing scheme proposed by Pitafi and Roumasset (2004). The second is a multi-aquifer analysis assessing the current pricing scheme against marginal cost pricing in this context and analyzing the effectiveness and efficiency of a multiple aquifer distribution system for policy implications.

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