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The paper explores the scope and sustainability of a self-enforcing cooperative agreement in the framework of a game theoretic model, where the upstream and downstream country, Burkina Faso and Ghana respectively in the Volta River Basin, bargain over the level of water abstraction in the...
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The paper explores the scope and sustainability of a self-enforcing cooperative agreement in the framework of a game theoretic model, where the upstream and downstream country, Burkina Faso and Ghana respectively in the Volta River Basin, bargain over the level of water abstraction in the...
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instance, when farmers adopt groundwater extraction technology, they need to learn their private marginal cost and marginal … owners with less experience (owners of new wells) with groundwater technology, extract more water than the experienced owners …. Employing panel data at the district level in a fixed-effects model, we find that groundwater extraction rises as the growth …
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