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This paper assesses the political implications of intra-aquifer heterogeneity in the benefits and costs of optimal groundwater management. We use simulation modeling to predict groundwater extraction regimes under two alternative local decision-making structures and compare these structures to...
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Both developing and developed countries constantly face problems related to ill-defined property rights in common-pool resource systems. These problems are especially acute in water resource ecosystems. Anatural consequence of incomplete property rights is the substitution of market-determined...
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The challenge for any trade agreement is to be adaptable enough to enable countries to address legitimate non-trade concerns (NTC) while being restrictive enough to limit harm to other countries and to assist the creation of free international markets. In this paper, we focus on how...
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The use of prior information on supply elasticities to calibrate programming models of agricultural supply has been advocated repeatedly in the recent literature (Heckelei and Britz 2005). Yet, Mérel and Bucaram (2009) have shown that the dual goal of calibrating such models to a reference...
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