Dams are essential for water storage and hydropower generation, but change river flow patterns and endanger local … regarding installed hydropower capacity and dam location instead of the standard economic assumptions of such costs. Our results …

theory in water management: People are reluctant to monetary transfers unrelated to water prices and game theoretic solutions … reduces the computational burden. Furthermore, water prices and property rights result from exploiting the Second Welfare …

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 …

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 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 …

theory in water management: People are reluctant to monetary transfers unrelated to water prices and game theoretic solutions … reduces the computational burden. Furthermore, water prices and property rights result from exploiting the Second Welfare …

Market power in water markets can be modeled as simultaneous quantity competition on a river structure and analyzed by … applying social equilibrium. In an example of a duopoly water market, we argue that the lack of backward induction logic … implies that the upstream supplier foregoes profitable strategic manipulation of water to the downstream supplier. To …