Water Allocation Theory

Water Allocation Theory explores how limited water resources are distributed among different users and sectors, such as agriculture, industry, and households. It aims to manage and prioritize water use efficiently to meet needs, ensure sustainability, and minimize conflicts. The theory considers factors like legal rights, economic value, environmental impact, and social fairness, helping policymakers develop strategies for fair and effective water distribution. In essence, it addresses the challenge of sharing water resources wisely in a way that balances human, ecological, and economic interests.