Welfare measures under threats of environmental catastrophes are studied using the "“parable”" apparatus of Weitzman and Lofgren [22]. The occurrence probability of the catastrophic event is driven (at least partly) by anthropogenic activities such as natural resource exploitation. Without...

Agricultural production is heavily dependent on water availability in Turkey, where half the crop production relies on irrigation. Irrigated agriculture consumes about 75 percent of total water used, which is about 30 percent of renewable water availability. This study analyzes the likely...

The need for effective pricing -- A literature survey -- Economic principles of irrigation water demand and supply -- A microeconomics analysis of pricing in Morocco, China, Mexico, South Africa, and Turkey -- Interaction between economywide policies and irrigated agriculture in Morocco --...