Showing 1 - 5 of 5
This paper is a theoretical analysis in terms of water transport costs, water rates, rentsand social welfare of three criteria applicable to the planning of water transfer systemsbetween rivers. The studied criteria have been: costs minimization of water transportation, establishing of water...
Persistent link: https://www.econbiz.de/10005016410
A model of optimal economic growth with a constant population subject to a constraint on the availability of land is presented. It takes account of the dual character of land as a production factor and as a consumption good (environmental amenities) by determining the optimal intertemporal...
Persistent link: https://www.econbiz.de/10008550411
In this paper the long-run effects of demand and recharge uncertainty on the socially optimal management of groundwater reserves are studied. Demand uncertainty is modeled in a dynamic framework by letting the demand function shift randomly but continuously through time according to a random...
Persistent link: https://www.econbiz.de/10008550418
In this paper socially optimal and private exploitation of a common property aquifer are compared. Open-loop and feedback equilibria in nonlinear strategies have been computed to characterize the private solution. The use of these two equilibrium concepts aIlows us to distinguish between cost...
Persistent link: https://www.econbiz.de/10008550421
This paper extends Wirl and Dockner¿s (1995) model designed to analyze the long-term bilateral interdependence between a resource exporting cartel and a coalition of resource importing country governments. Firstly, depletion effects are introduced into the analysis of the intertemporal...
Persistent link: https://www.econbiz.de/10005212532