i'm not a big fan of utility theory, but we do it for teaching. The idea that people know it's best for themselves is deeply imbedded in economic theory. I think economists are trained to approach this policy analysis by putting themselves in the shoes of everybody who's going to be impacted by it. And i can still respect what they're do with their lives and their priorities. It just doesn't come naturally, rightwere we're judge rentls species, that's what comes naturally. You've started an 12 year study on water management which has had some encouraging signs so far. Can you talk about what you've discovered so far? We have two papers coming out - one