Ambec, Stefan; Dinar, Ariel; McKinney, Daene - In: Journal of Environmental Economics and Management 66 (2013) 3, pp. 639-655
By signing a water sharing agreement (WSA), countries agree to release an amount of river water in exchange for a negotiated compensation. We examine the vulnerability of such agreements to reduced water flows. Among all WSAs that are acceptable to riparian countries, we find out the one which...