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Groundwater is a vital yet threatened resource in much of South Asia. This paper develops a model of groundwater … transactions under payoff uncertainty arising from unpredictable fluctuations in groundwater availability during the agricultural … 2 percent and accounts for less than 50 percent of all transactions costs in groundwater markets, it has a sizeable …
Persistent link: https://www.econbiz.de/10012246059
This paper considers the problem of a water management authority faced with the threat of a drought that hits at an uncertain date. Three management policies are investigated: i) a laissez-faire (open-access) policy of automatic adjustment through a zero marginal private net benefit condition,...
Persistent link: https://www.econbiz.de/10012986182
of South Asia's groundwater resources in the face of climate change and increasing reliance on the resource by dependent … aid reforms of groundwater governance and, thus, greater sustainability of groundwater; in addition, these management … socioeconomic settings with reference to key groundwater challenges. They provide insights and potential solutions, tailored to …
Persistent link: https://www.econbiz.de/10012646884
myopic competitive (common) exploitation of groundwater resources to a long-term efficient and sustainable allocation. A … groundwater) and (b) a social planner's model (representing the cooperative and sustainable allocation). The deviation of their … equilibrium state of this system. The two models are then applied in a typical rural area of Greece where groundwater is the only …
Persistent link: https://www.econbiz.de/10008934713
Groundwater currently provides 98 percent of all the drinking water supply in Bangladesh. Groundwater is found …. Yet, no national-scale, multi-hazard groundwater risk maps currently exist enabling water resource managers and policy … makers to identify areas that are vulnerable to public health. This paper develops, for the first time, groundwater risk maps …
Persistent link: https://www.econbiz.de/10012059008
This paper discusses a framework for analyzing robust institutions for water markets drawn on the new institutional economics school of thoughts which is based on Williamson, North, Coase and Ostrom theories on transaction cost economics, property rights and collective actions. Based on these...
Persistent link: https://www.econbiz.de/10009757358
The current Water Abstraction License (WAL) regime in Italy is no longer flexible enough to cope with the challenges posed by human-induced climate and global environmental changes. The cornerstones of the current regime were laid down in the 1930s and have remained essentially unchanged ever...
Persistent link: https://www.econbiz.de/10011457607
Persistent link: https://www.econbiz.de/10002181680
This note provides guidance for cities in developing countries for managing the urban water cycle in a sustainable manner by using an Integrated Urban Water Management (IUWM) approach. After a brief introduction to the concept of IUWM, this note profiles the different IUWM approaches applied in...
Persistent link: https://www.econbiz.de/10012644620
Important challenges such as population growth, urbanization, economic expansion and climate changeare looming over urban water security in Morocco. While urban water demand is expected to rise by 60 percent to 100 percent in most large cities by 2050, climate projections suggest reduced...
Persistent link: https://www.econbiz.de/10012645020