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We analyse river sharing games in which a set of agents located along a river shares the available water. Using … coalition theory, we find that the potential benefits of water trade may not be sufficient to make all agents in the river … cooperate and acknowledge property rights as a prerequisite for trade. Specifically, a complete market for river water may not …
Persistent link: https://www.econbiz.de/10013030918
We analyse river sharing games in which a set of agents located along a river shares the available water. Using … coalition theory, we find that the potential benefits of water trade may not be sufficient to make all agents in the river … cooperate and acknowledge property rights as a prerequisite for trade. Specifically, a complete market for river water may not …
Persistent link: https://www.econbiz.de/10009535545
We analyse river sharing games in which a set of agents located along a river shares the available water. Using … coalition theory, we find that the potential benefits of water trade may not be sufficient to make all agents in the river … cooperate and acknowledge property rights as a prerequisite for trade. Specifically, a complete market for river water may not …
Persistent link: https://www.econbiz.de/10010464793
We analyse river sharing games in which a set of agents located along a river shares the available water. Using … coalition theory, we find that the potential benefits of water trade may not be su cient to make all agents in the river … cooperate and acknowledge property rights as a prerequisite for trade. Specifically, a complete market for river water may not …
Persistent link: https://www.econbiz.de/10010339310
Persistent link: https://www.econbiz.de/10011746369
Climate change and the increasing demand of water intensify the global water cycle, altering the distribution of water in space and time. This is expected to result in wet areas getting wetter and dry areas getting drier (Pan et al., 2015). As water is key to life, water scarcity is likely to...
Persistent link: https://www.econbiz.de/10012612654
Climate change and the increasing demand of water intensify the global water cycle, altering the distribution of water in space and time. This is expected to result in wet areas getting wetter and dry areas getting drier (Pan et al., 2015). As water is key to life, water scarcity is likely to...
Persistent link: https://www.econbiz.de/10014087388
We estimate market power in California's thin water market. Market frictions may distort the potential welfare gains from water marketing. We use a Nash-Cournot model and derive a closed-form solution for the extent of market power in a typical water market setting. We then use this solution to...
Persistent link: https://www.econbiz.de/10013241783
We estimate market power in California's thin water market. Market frictions may distort the potential welfare gains from water marketing. We use a Nash-Cournot model and derive a closed-form solution for the extent of market power in a typical water market setting. We then use this solution to...
Persistent link: https://www.econbiz.de/10012421023
Persistent link: https://www.econbiz.de/10011689325