Greater understanding of irrigator water trade decision-making processes provides insight into the efficient reallocation of water resources between competing uses. Water trade decisions are often modelled as single processes, although results in this paper suggest that sequential decision...

This study focuses on the problem of water use by new upstream commercial tree plantations where fully-committed water entitlements are already held and traded among downstream sectors (urban water, wetlands and agricultural industries). High tree product prices strongly incentivise expansion of...