1. Introduction: myths, principles and issues in water trading / Ronald G. Griffin, Dannele E. Peck, and Josefina Maestu -- Introduction: how we are implementing water trading - learning from experience / Josefina Maestu -- 2. Managing water stress, drought and climate change in the twenty-first century: water trading as part of integrated approaches in water management / Cody L. Knutson -- 3. New frontiers for water management: the California approaches in water management / Ellen Hanak -- 4. Water trades in the western United States: risk, speculation and property rights / Kristiana Hansen, Richard Howitt, and Jeffrey Williams -- 5. Water markets and their environmental, social and economic impacts in Australia / Henning Bjornlund, Sarah Wheeler and Peter Rossini -- 6. Trading into and out of trouble: Australian''s water allocation and trading experience / Mike Young -- 7. The evolution of water markets in Chile -- Guillermo Donoso --^
8. The experience of water markets and the market model in Chile / Carl J. Bauer -- 9. Breaking the gridlock in water reforms through water markets: experience and issues for India / Nirmal Mohanty and Shreekant Gupta -- 10. Areas of conflict and the role of water trading: the case of Spain / Antonio Serrano Rodríguez -- 11. Voluntary water trading in Spain: a mixed approach of public and private initiatives / Alberto Garrido, Josefina Maestu, Almudena Gómez-Ramos, Teodoro Estrela, Jesús Yagüe, Ricardo Segura, Javier Calatrava, Pedro Arrojo and Francisco Cubillo -- Introduction: concerns about water trading / Carlos Mario Gómez, Eduard Interwies and Stefan Görlitz -- 12. The myth of markets for water / Joseph W. Dellapenna -- 13. Cash flows: markets for environmental flow allocations / David Katz -- 14. Experiences with water quality trading in the United States of America / Robert J. Rose --^
Introduction: considering institutional frameworks and legal reforms in trading / Carlos Mario Gómez -- 15. Water and development in Latin America: rights, markets, economic context and institutional requirements / Miguel Solanes -- 16. The theory and practice of Australian institutional reforms to incorporate water markets in integrated water resources management / Jennifer McKay -- 17. Legal reforms that facilitate trading of water use rights in Spain / Antonio Embid Irujo -- 18. Drought management, uncertainty and option contracts / Almudena Gómez-Ramos -- Introduction: incentives and prices in water trading / Carlos Mario Gómez -- 19. Models for optimal water management and conflict resolution / Franklin M. Fisher -- 20. Optimization modeling in water resource systems and markets / Jay R. Lund -- 21. Conclusions and recommendations for implementing water trading: how water trading can be part of the solution / Josefina Maestu and Almudena Gómez-Ramos.