elasticity of resource demand. In the case of groundwater, previous research estimating well-level groundwater demand has largely … ignored the importance of well yield, which is a physical limit on the rate of groundwater extraction. In this research, we … empirically estimate the price elasticity of demand for groundwater using well-level data from Colorado. Our results demonstrate …

We investigate the strategic nature of farmers’ groundwater usage with a rich dataset from the American Midwest. We … propose a new revealed preference test for the groundwater interaction as a dynamic game. We reject a view of groundwater …

substitutes or complements using an individual-level dataset of groundwater usage that accounts for 3% of US irrigated agriculture … understanding groundwater usage …

We provide a synthesis of the economics of groundwater with a focus on optimal management and the Pearce equation for … extended to the management of multiple resources including additional groundwater aquifers, surface water, recycled wastewater …. We also discuss the open-access equilibrium for groundwater and the conditions under which the Gisser-Sanchez effect (the …

We provide a synthesis of the economics of groundwater with a focus on optimal management and the Pearce equation for … extended to the management of multiple resources including additional groundwater aquifers, surface water, recycled wastewater …. We also discuss the open-access equilibrium for groundwater and the conditions under which the Gisser-Sanchez effect (the …

We provide a synthesis of the economics of groundwater with a focus on optimal management and the Pearce equation for … extended to the management of multiple resources including additional groundwater aquifers, surface water, recycled wastewater …. We also discuss the open-access equilibrium for groundwater and the conditions under which the Gisser-Sanchez effect (the …

are tolerated by the authorities. Groundwater overexploitation for irrigation has created in these areas an unprecedented …

myopic competitive (common) exploitation of groundwater resources to a long-term efficient and sustainable allocation. A … groundwater) and (b) a social planner’s model (representing the cooperative and sustainable allocation). The deviation of their … equilibrium state of this system. The two models are then applied in a typical rural area of Greece where groundwater is the only …

and downstream farmers pump groundwater that is lost upstream. Groundwater emerges as an endogenous "backstop". The …