We consider the problem of sharing water among agents located along a river. Each agent has quasi-linear preferences over river water and money, where the benefit of consuming an amount of water is given by a continuous and concave benefit function. A solution to the problem efficiently...

This discussion paper led to the article with the same title in 'Social Choice and Welfare' (2014), 43, 173-194.<P> We consider the problem of sharing water among agents located along a river. Each agent has quasi-linear preferences over river water and money, where the benefit of consuming an...</p>

The 1997 UN Convention on international watercourses helps to clarify the basic standards governing the non-navigational uses of internationally shared fresh water resources. Generally, the Convention does not seek to push the law beyond its present contours, but reflects a general consensus...