Who Gains When Water Runs Out? Welfare from Agriculture-to-Urban Water Rights Trading in the Western United States

Environmental Research Letters (in preparation)

Luo, Y., Zheng, J., Lisk, M. D., Fisher-Vanden, K., Olmstead, S. M., and Srikrishnan, V. 2026. “Who Gains When Water Runs Out? Welfare from Agriculture-to-Urban Water Rights Trading in the Western United States.” Environmental Research Letters. In preparation.

Project: Water markets and drought adaptation in the western U.S.