All-in-Auction (AiA) for water make it easier for existing water users to reallocate scarce water among themselves, without losing their (traditional/formal) property rights.
How AIAs work:
– Water rights must be quantified and assigned to individuals. These permanent rights will be associated with temporary annual flows.
– The known quantity of flows are put into an auction (“all-in”).
– Those flows are allocated to high bidders; the price they pay depends on everyone’s bids.
– Auction revenue goes to owners of rights.
This webpage has links to video, powerpoint, popular and academic descriptions of All-in-Auction.
Objectives and beneficiaries
Maximize water use efficiency among farmers while maintaining fairness
Strong points of the practice
Transparent allocation, efficiency, fairness
Expected results and benefits for climate change adaptation and mitigation
Improves food/fiber production at lowest costs among existing WUAs
Replicability potential of the practice
Yes, everywhere. It requires water accounting and basic auction techniques
[Editor's Note: All information published as submitted by the author(s). Minor edits may have been made to increase readability and understanding]