Highlights•In the PES debate, auctions hold a special niche.•Auctions interface instrumental,
intrinsic and relational values.•PES auctions are multilayered decision-making of integrated …

We review the literature on the performance of groundwater institutions, including command-
and-control (CAC) approaches, market-based institutions (MBIs), and voluntary approaches …

Irrigation contributes significantly to US agricultural output and production value. In 2017,
irrigated farms accounted for more than 54 percent of the total value of crop sales. Irrigation …

The relations between soil and water conservation policies and agricultural economic
growth in the planned economy system have not been thoroughly discussed in the past …

There is limited empirical evidence on the value of formal property rights to natural
resources when they are not transferable, and there is regulatory uncertainty about …

In many regions of the world, energy costs associated with extraction represent the only
explicit price for groundwater use. Therefore, energy pricing policies can significantly …

Incomplete property rights are common across a range of natural resources such as
fisheries and groundwater. The High Plains Aquifer region of Kansas provides one example …

Abstract In the United States, agriculture is responsible for the majority of consumptive water
use. To reduce consumptive use in water scarce regions, policymakers have implemented a …

Voluntary, incentive-based policies are often offered to resource users to address the
overexploitation of common property resources. Spillovers from these policies have …

Drought conditions are a major concern for global agricultural productivity affecting both
crop and livestock production. The increasing intensity and duration of drought has …