This contribution deals with the fundamental critique in Dinar et al. (1992, Theory and Decision 32) on the use of Game theory in water management: People are reluctant to monetary transfers unrelated to water prices and game theoretic solutions impose a computational burden. For the bilateral...

Water scarcity, urban population growth, and deteriorating infrastructure impact water security around the globe. As California wrestles with the most significant drought in its recorded history, struggling to secure reliable water supplies for the future, it faces all of these crises. The story...