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 analyse whether water allocation agreements can be … self-enforcing. An agreement is modelled as the outcome of bargaining game on river water allocation. Given this agreement …

We present an axiomatic approach to the reallocation of water rights among economic sectors. Reallocation may be … appropriate when the current schedule of water allocation is considered unfair. Our proposed approach is based on the combination … of initial water rights, sectors' claims to water, and an exogenous ordering of these sectors. We apply sharing rules …

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 …

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 …

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 … attention to the strategic aspects of transboundary river water allocation. These strategic aspects are captured by employing …

We present an axiomatic approach to the reallocation of water rights among economic sectors. Reallocation may be … appropriate when the current schedule of water allocation is considered unfair. Our proposed approach is based on the combination … of initial water rights, sectors' claims to water, and an exogenous ordering of these sectors. We apply sharing rules …

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 analyse whether water allocation agreements can be … self-enforcing. An agreement is modelled as the outcome of bargaining game on river water allocation. Given this agreement …

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 …

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 …

We analyse agreements on river water allocation between riparian countries. Besides being efficient, water allocation … agreements need to be stable in order to be effective in increasing the efficiency of water use. In this paper, we assess the … stability of water allocation agreements, using a game theoretic model. We consider the effects of climate change and the choice …