Texas Water Journal publishes new article in Volume 12

The Texas Water Journal has published a new article in Volume 12, titled Pricing Options on Water in Texas, by Quinn McColly, Ph.D., Robert Mace, Ph.D., Philippe Tissot, Ph.D. and David Yoskowitz, Ph.D.

Water scarcity is a growing concern globally, in the U.S. and in Texas. To meet this challenge, it is important to introduce new tools to help mitigate water shortages.

According to the abstract, this paper establishes a method to price water options on agricultural water and applies that method to a cash crop in Texas.

The journal — an online, peer-reviewed journal published by the nonprofit the Texas Water Journal and the Texas Water Resources Institute — publishes papers as they are completed. It is devoted to the timely consideration of Texas water resources management, research and policy issues from a multidisciplinary perspective that integrates science, engineering, law, planning and other disciplines. It also provides updates on key state legislation and policy changes by Texas administrative agencies.

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