A multinomial logit model is estimated across the crop choices of a sample of thousands of Chinese farmers. As temperatures warm, farmers are more likely to choose cotton and maize, but less likely to choose soybeans, and vegetables. As precipitation increases, farmers are more likely to choose...

Elevated world temperatures, as forecasted by the 4th IPCC report, are expected to increase the hydrological cycle activity, leading to a change in precipitation patterns and increase in evapotranspiration. These in turn are expected to affect river runoff and water variability, depending on...

Traditionally, cooperative game theory has been applied to a variety of water resource problems assuming a deterministic pattern of supply. On the other hand, in view of the important role that water plays in regional and local projects, and taking into account that with climate change affecting...

By signing an international river sharing agreement (RSA), countries voluntary commit to release water in exchange for a compensation. We examine the robustness of such commitments to reduced water flows. We focus on RSAs that satisfy core lower bounds and fairness upper bounds. We characterize...

Most common pool resource (CPR) dilemmas share two features: they evolve over time and they are managed under environmental uncertainties. We propose a stylized dynamic model that integrates these two dimensions. A distinguishing feature of our model is that the duration of the game is...

Following the Earth Summit in Rio de Janeiro in 1992, countries took up the difficult task of finding a common approach that would slow down the build-up of greenhouse gas emissions in the atmosphere and delay changes to the planet's climate. A widespread concern among many of the participants...

<i>Bridges over Water</i> places the study of transboundary water conflicts, negotiation, and cooperation in the context of various disciplines, such as international relations, international law, international negotiations, and economics. It demonstrates their application, using various quantitative...

This outstanding new book provides the most detailed and comprehensive evaluation of water reform and water sector performance from the perspectives of institutional economics and political economy.

This book explores frontier work at the intersection of experimental and environmental economics, with cutting edge research provided by premier scholars in the field. The book begins by focusing on improving benefit–cost analysis, which remains the hallmark of public policy...

As demands for limited natural resources increase, developing management institutions that ensure the sustainability of such resources is essential. Many natural resources are Common Pool Resources (CPRs), managed under different non-cooperative, cooperative, and externally imposed management...