This paper explores the implications of the transformation of the system of water resources allocation to the agricultural sector in Israel from a one in which allotments are allocated to the different users without any permission to trade with water rights. A mathematical planning model is used...

Moral hazard, a mostly inevitable byproduct of all insurance programmes, creates special difficulties in crop insurance programmes. In this study of drought compensation programmes in Israel's Northern Negev, moral hazard was reflected mostly by the transition from the least extensive crop...