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2005 year - 2005 year

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Liquid Assets

Liquid Assets

Author: Ammar Jarrar
Anan Jayyousi
Annette Huber-Lee
Franklin Fisher
Ilan Amir
Munther Haddadin
Salem Hamati
Shaul Arlosoroff
U. Shamir
Zvi Eckstein
Publishing date: 2005
Liquid Assets shows that the common view of water as an inevitable cause of future wars is neither rational nor necessary. Typically, two or more parties with claim to the same water sources are thought to play a zero-sum game with each side placing a high emotional and political value over the ownership of the water. However, Franklin Fisher and his coauthors demonstrate that when disputes in ownership are expressed as disputes about money values, in most cases, the benefits of ownership will be surprisingly small. By assigning an economic value to water and treating water as a tradable resource, parties see that the gains from cooperation exceed the costs resulting from the change in ownership. A zero-sum game becomes a win-win situation. To support this new
142.00 zł