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game theory to assess the economics of transboundary river water allocation in a simple model of river sharing. This model …We survey the economics of transboundary river water allocation, which emerged in the 1960s and has matured over the … last decade due to increasing concerns over water scarcity and pollution. We outline the major approaches and pay specific …
Persistent link: https://www.econbiz.de/10010412473
One of the policy options to increase the efficiency in the provision of scarce water resources is a reduction in … transaction costs in water chains by developing integrated forms of water management. Integrated water management in case of river … addressing the entire water chain, (4) integrated strategies regarding all water functions in relation to other relevant spatial …
Persistent link: https://www.econbiz.de/10011326941
We estimate market power in California's thin water market. Market frictions may distort the potential welfare gains … from water marketing. We use a Nash-Cournot model and derive a closed-form solution for the extent of market power in a … typical water market setting. We then use this solution to estimate market power in a newly assembled dataset on California …
Persistent link: https://www.econbiz.de/10012421023
Persistent link: https://www.econbiz.de/10001585055
Persistent link: https://www.econbiz.de/10009720752
Price instruments are well known policy handles to influence effectively residential water demand. Prices used to beset … by water authorities in such a way that the principle of cost coverage was respected; they acted as prominentinstruments … in residential water policies in the past decades. More recently however, price instruments areincreasingly used to meet …
Persistent link: https://www.econbiz.de/10011325659
Dams are essential for water storage and hydropower generation, but change river flow patterns and endanger local …
Persistent link: https://www.econbiz.de/10011556226
Many water allocation agreements in transboundary river basins are inherently unstable. Due to stochastic river flow …, agreements may be broken in case of drought. The objective of this paper is to analyze whether water allocation agreements can be …
Persistent link: https://www.econbiz.de/10010224772
In a river claims problem, agents are ordered linearly, and they have both an initial water endowment as well as a … claim to the total water resource. We provide characterizations of two solutions to this problem, using Composition … free to use any water available on their territory, without concern for downstream impacts. The other solution that we …
Persistent link: https://www.econbiz.de/10010226544
This paper presents a meta-analysis of variations in price and income elasticities of residential water demand … policy-making. It is also crucial for effective water demand management. We focus on theapplication of statistical methods to … empirical estimates of the price and income elasticity ofresidential water demand vary to such considerable extents. The set of …
Persistent link: https://www.econbiz.de/10011398958