Technological and Institutional Aspects of Water Reuse Regulation

Yerznkyan, B.H.; Fontana, K.A.

Авторы: Yerznkyan B.H., Fontana K.A.
Сборник: Materials of the International Conference “Process Management and Scientific Developments” (Birmingham, United Kingdom, March 31, 2020)
Серия: Process Management and Scientific Developments
Том: 1
Год издания: 2020
Место издания: Scientific publishing house Infinity Birmingham, United Kingdom
Первая страница: 19
Последняя страница: 27
DOI: 10.34660/INF.2020.7.58879
Аннотация: The purpose of this paper is to examine the technological and institutional aspects of water reuse with emphasis on the problem of negative externalities disturbing effective regulation of water supply process. It is shown that the elimination or mitigation of such externality as pollution necessitates at least two kinds of solutions – technological and institutional. The first of them concerns technical methods, such as wastewater treatment and their regular reuse, the second solution deals with the institutional ways of the pollution problem solving. The latter includes (i) a non-market solution, or governmental, as a rule, intervention, (ii) a market solution after the ideas proposed by R. Coase in his famous theorem, and (iii) hybrid way of solution combining the stakeholders’ market and non-market activities. All these solutions when being effectively regulated are able to assist to the solution of both economical and environmental problems. Keywords: water reuse, regulation, pollution, technological aspects, institutional aspects. URL: http://naukarus.ru/public_html/wp-content/uploads/2020/PMSD%20March%2031%20-%20Part%201.pdf#page=19
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