While written in economic terms and from a carbon, not a water, perspective I think this article is relevant. Basically, it is saying that for “profit-maximizing agents… the regulator has no interest in reducing monitoring uncertainty” however “monitoring uncertainty may hamper the economic and environmental performance… due to adverse selection”. In the water monitoring domain, we intuitively understand the link between monitoring uncertainty and economic and environmental performance. Hence we place high value on controlling and communicating uncertainty, yet we continue to be surprised that the end-users of our data seem not to share the same understanding – and appreciation – of this value. This economic analysis may help to explain the perceived value gap for data uncertainty.

http://ow.ly/CESW3042qzE

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