Institution: | Associate Professor, Department of Economics, Arizona State University, Tempe, Arizona 85281. The research for this paper was assisted by a grant from the Water Resources Center, University of California. Mr. Gleason L. Renoud of the Sacramento office of the United States Bureau of Reclamation was most informative and helpful during several interviews on this matter. I am also indebted to the director and other officials of the San Francisco office of the General Accounting Office for very valuable assistance. Professors Joe Bain and Gordon Tullock aided the writer in focusing the study. Finally the extensive research assistance of Ragna Henrichs and Paul Tossetti is acknowledged. To all of these persons, appreciation without implication is extended. |