Water, Water Everywhere, Nor Any Drop to Drink?
STEVE HANKE’S STUDY OF WATER USAGE IN BOULDER, CO.
- Originally a flat rate was charged for water usage in Boulder (i.e. zero marginal price)
- The introduction of metered usage of water in Boulder meant that a positive price for the marginal unit of water was imposed
- Hanke used an index to compare water usage with and without usage metering