Institutions play a vital role in the efficient allocation of water. However, institutions using a ‘top-down’ approach generate distortions in the water management system. Similarly, moving away from supply-side oriented water management towards demand-side oriented one within the...

A large number of rural households in the state of Odisha, India are dependent on agriculture for their basic livelihoods, which is affected by the frequent occurrence of climate externalities like cyclones and floods. In response, the farm households do also undertake adaptation measures to...