which climate change is manifested as an increase in the frequency of drought conditions. Adaptation will partially offset …

–Darling Basin in Australia. Understanding climate change effects on returns from irrigation involves explicit representation of … spatial changes in natural stocks (i.e. water supply) and their temporal variability (i.e. frequency of drought states of … nature) and the active management responses to capital stocks represented by mitigation and alternative adaptation strategies …

The supply of water for irrigation is subject to climatic and policy uncertainty. The object of the present paper is to …

adaptation, active management responses designed to improve returns in particular states of nature, such as in the case of … drought must be considered. A change in the frequency of drought will induce a change in the allocation of land and water …, climate change will continue for some decades and adaptation will therefore be necessary. Conversely, most adaptation …