Water Utility Costs, Values, Rates, and Subsidies

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Water Utility Costs, Values, Rates, and Subsidies by Hayward, David L., 9780741469410
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  • ISBN: 9780741469410 | 0741469413
  • Cover: Paperback
  • Copyright: 1/24/2012

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By some accounts, New York City's investment in the Cannonville dam project (the context of the above quote) was approximately $2.9 billion (1960 US$) higher than alternatives providing similar benefits. Unfortunately, mistakes like the Cannonville project happen all the time. In fact, nearly 50 years after Dr. DeHaven's quote the application of economic principles and concepts in the water utility industry is still in a primitive state.
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