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Fair Agreements for Sharing International Rivers with Multiple Springs and Externalities
van den Brink, Rene; van der Laan, Gerard; Moes, Nigel - 2010
) 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 …
Persistent link: https://www.econbiz.de/10010325973
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Independence Axioms for Water Allocation
van den Brink, Rene; Estevez-Fernandez, Arantza; van … - 2011
We consider the problem of sharing water among agents located along a river. Each agent has quasi-linear preferences over river water and money, where the benefit of consuming an amount of water is given by a continuous and concave benefit function. A solution to the problem efficiently...
Persistent link: https://www.econbiz.de/10010326510
Cover Image
Fair Agreements for Sharing International Rivers with Multiple Springs and Externalities
van den Brink, René; van der Laan, Gerard; Moes, Nigel - 2010
) 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 …
Persistent link: https://www.econbiz.de/10014191059