We survey the economics of transboundary river water allocation, which emerged in the 1960s and has matured over the … attention to the strategic aspects of transboundary river water allocation. These strategic aspects are captured by employing … game theory to assess the economics of transboundary river water allocation in a simple model of river sharing. This model …

) 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 … agents can compensate each other by paying monetary transfers. Every water allocation and transfer schedule yields a welfare …

property is the proportional allocation of nonseparable contribution (PANSC) value, which allocates the total worth …

This paper analyzes the allocation of the total toll collected in a highway among its segments. Based on different toll …

). Finally, adding a consistency axiom, the two optimal rules are characterized in the general domain of allocation rules for two …