Showing 1 - 10 of 22,429
Discrete-time stochastic models of groundwater management have been extensively used for understanding a variety of … issues in groundwater management for agriculture. Most models used suffer from two drawbacks: relatively simplistic treatment … economics.This paper provides a unifying framework for discrete-time stochastic groundwater models in two directions; first, the …
Persistent link: https://www.econbiz.de/10013051680
Discrete-time stochastic models of management of groundwater resources have been extensively used for understanding a … variety of issues in groundwater management for agriculture. Most models used suffer from two drawbacks: relatively simplistic … underlying economics. This paper provides a unifying framework for discrete-time stochastic groundwater models in two directions …
Persistent link: https://www.econbiz.de/10014162783
Persistent link: https://www.econbiz.de/10011760393
Using primary data collected at the national and local levels in France, this paper shows how water price increase, initially intended to generate environmental benefits through reducing water use, has produced economic incentives for households to drill their own garden boreholes. The paper...
Persistent link: https://www.econbiz.de/10010572650
values, and (single) efficiency price path for two groundwater aquifers and an abundant alternative resource. Even with one …
Persistent link: https://www.econbiz.de/10011043413
This paper describes a method for solving a class of forward-looking Markov-switching Rational Expectations models under noisy measurement, by specifying the unobservable expectations component as a general-measurable function of the observable states of the system, to be determined optimally...
Persistent link: https://www.econbiz.de/10010293377
This research states the stylised n (more than two) players’ splitting problem as a mathematical programme, relying on definitions of the values of the game and problem stationarity to generate tractable reduced forms, and derives the known solutions according to the properties of pertaining...
Persistent link: https://www.econbiz.de/10011496138
In this paper an algorithm is proposed to find an integral solution of (nonlinear) complementarity problems. The algorithm starts with a nonnegative integral point and generates a unique sequence of adjacent integral simplices of varying dimension. Conditions are stated under which the algorithm...
Persistent link: https://www.econbiz.de/10011343323
This research states the stylised n (more than two) players' splitting problem as a mathematical programme, relying on definitions of the values of the game and problem stationarity to generate tractable reduced forms, and derives the known solutions according to the properties of pertaining...
Persistent link: https://www.econbiz.de/10011524731
In this paper we introduce multi-server queueing systems that can be considered as extensions of conventional M/M/s queue to fractional number of servers. We show that the extended Erlang's delay function can be used to calculate delay probabilities for such systems. This approach enables the...
Persistent link: https://www.econbiz.de/10009515433