theory in water management: People are reluctant to monetary transfers unrelated to water prices and game theoretic solutions … reduces the computational burden. Furthermore, water prices and property rights result from exploiting the Second Welfare …

We analyse river sharing games in which a set of agents located along a river shares the available water. Using … coalition theory, we find that the potential benefits of water trade may not be su cient to make all agents in the river … cooperate and acknowledge property rights as a prerequisite for trade. Specifically, a complete market for river water may not …

We analyse river sharing games in which a set of agents located along a river shares the available water. Using … coalition theory, we find that the potential benefits of water trade may not be sufficient to make all agents in the river … cooperate and acknowledge property rights as a prerequisite for trade. Specifically, a complete market for river water may not …

resource-led economic boom. The paper assesses the current status of governance institutions, as well as their performance, in … outstanding problem areas related to economic governance, particularly in the legal system, the business regulatory framework, and …