Download Here.pdf

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🔗 Source: papers.tinbergen.nl
📊 Size: 430 KB
👤 Author: 11954wdr
⬇️ Downloads: 332

Summary

The authors study the river sharing problem with multiple agents along a general river structure, limited local resources, and quasi-linear preferences over water and money. They apply the asymmetric Nash bargaining solution and the asymmetric Nash rationing solution to determine water allocation and monetary transfers, translating International Water Law into disagreement outcomes or individual aspiration levels. The optimization problem is separable into efficient water allocation and determination of monetary transfers. The authors also generalize to the case with participation constraints, as the Nash rationing solution may result in nonparticipation.

Description

The authors study the river sharing problem with multiple agents along a general river structure, limited local resources, and quasi-linear preferences over...

Technical Information

  • File Format: PDF
  • File Size: 430 KB
  • Pages: 32
  • Language: EN
  • Author: 11954wdr
  • Total Downloads: 332
  • Last Updated: 4 weeks ago

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