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Show PREFACE The economics of water allocation for the State of Utah is the subject of this paper. While what we say is directed specifically at answering questions related to water use in Utah, the methodology we have developed should provide the water researcher with an analytical tool that has wide application. Our method of studying water allocation in the State of Utah consisted of formulating an operationally meaningful welfare function and using this along with the input- output model for the state in developing a more general concept of the marginal value product of water for alternative uses than is usually possible using other techniques. The design constraints of the study limited our research to two problems: first, estimation of the ( joint) marginal value ( in terms of income and employment) of water for alternative uses, and second estimation of the increase in demand for water intake for the State of Utah over the period 1963 - 1975. Future research concerning the marginal cost of delivering water intake to different uses would, of course, further serve the needs of the water administrator . We wish now to acknowledge those people from whom we have received a great deal of assistance in completing this water study. Many thanks go to our five research assistants, Craig Bigler, Dietrich Fausten, Douglas C. W. Kirk, Fred Kolb, and John Short, all of whom are working for their Ph. D. degrees in economics at the University of Utah. Special thanks go to Gregory Nielson, |