In this paper an example is presented of a measure function that allows both to calculate the difference of utility between different states for the same individual and to make interpersonal comparisons of utility among individuals. In doing so, implications for the notion and the measurement of...

This paper develops a multi-criteria methodology to simulate irrigation water markets at basin level. For this purpose it is assumed that irrigators try to optimise personal multi-attribute utility functions via their productive decision making process (crop mix), subject to a set of constraints...