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 …

This paper presents a meta-analysis of variations in price and income elasticities of residential water demand … policy-making. It is also crucial for effective water demand management. We focus on theapplication of statistical methods to … empirical estimates of the price and income elasticity ofresidential water demand vary to such considerable extents. The set of …

One of the policy options to increase the efficiency in the provision of scarce water resources is a reduction in … transaction costs in water chains by developing integrated forms of water management. Integrated water management in case of river … addressing the entire water chain, (4) integrated strategies regarding all water functions in relation to other relevant spatial …

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 …

In this paper we consider the problem of sharing water from a river among a group of agents (countries, cities, firms …) located along the river. The benefit of each agent depends on the amount of water consumed by the agent. An allocation of the … water among the agents is efficient when it maximizes the total benefits. To sustain an efficient water allocation, the …

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 …