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The situation of relative water scarcity becomes a classic problem in developing countries. This issue is not about the absence of water, but rather about the inequality with regard to access to water. Scarcity of water is a part of daily life for some though the area of abundant water...
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undertakings.We also provide a theory of mixed firms, based on strategic interaction between politicians and managers, which …
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I present the economic principles of water allocation and pricing in a schematic water economy representing a wide range of real-world situations. The water policy has inter- and intratemporal components. The former determines extractions from the naturally replenished sources, given the...
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The design of effective market institutions for allocation of water among competing uses remains an economic challenge … market in many parts of the world including western United States. Utilizing a unique case study of reservoir management in … opportunity costs of water transfers, paving the way for a centralized market mechanism for water transfers among consumptive and …
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There are two common problems in flood hydrology: 1) estimate the return period for a given flood; and 2) estimate the flood for a given return period. A commonly used procedure to solve these problems is to fit a probability density function such as the Gumbel, Pearson type three or the...
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