Groundwater usage and strategic complements, Part II, revealed preferences

Caleb M. Koch and Heinrich H. Nax

We investigate the strategic nature of farmers' groundwater usage with a rich dataset from the American Midwest. We propose a new revealed preference test for the groundwater interaction as a dynamic game. We reject a view of groundwater usage decisions as strategic substitutes in favor of strategic complements as a better description.

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Year of publication:	2022
Authors:	Koch, Caleb M. ; Nax, Heinrich H.
Published in:	Games. - Basel : MDPI, ISSN 2073-4336, ZDB-ID 2527220-2. - Vol. 13.2022, 5, Art.-No. 68, p. 1-19
Subject:	groundwater \| dynamic game theory \| revealed preferences \| strategic complements \| strategic substitutes \| Offenbarte Präferenzen \| Revealed preferences \| Spieltheorie \| Game theory \| Grundwasser \| Groundwater \| Dynamisches Spiel \| Dynamic game \| Gewässerschutz \| Water conservation

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Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Other identifiers:	10.3390/g13050068 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014418073