01:05:57
02/08/2016 - Gary Libecap: Economic Analysis of…
02/08/2016 - Gary Libecap: Economic Analysis of Property Rights: First Possession of Water in the American West
We analyze the economic determinants and long-run e↵ects of prior appropriation surface water rights from 1852 to 2013 and show how formal property rights developed to generate the discovery…
