| Registro completo |
| Provedor de dados: |
AgEcon
|
| País: |
United States
|
| Título: |
On the Theory and Practice of Water Regulation
|
| Autores: |
Tsur, Yacov
|
| Data: |
2009-01-15
|
| Ano: |
2009
|
| Palavras-chave: |
Scarcity
Pricing
Optimal allocation
Water economy
Resource /Energy Economics and Policy
C61
D82
Q11
Q25
|
| Resumo: |
We study water regulation for a schematic water economy representing a wide range of real world situations. A water policy has inter- and intra-temporal components. The first determines the limits on extractions from the naturally replenished sources, given the stochastic nature of recharge processes associated with uncertain precipitation. The intra-temporal regulation is concerned mainly with the allocating of the extracted and produced water among the end-users. The prices that implement the optimal intra-temporal allocation are derived. Regulation issues associated with cost recovery and asymmetric information are discussed.
|
| Tipo: |
Working or Discussion Paper
|
| Idioma: |
Inglês
|
| Identificador: |
http://purl.umn.edu/47173
|
| Relação: |
Hebrew University of Jerusalem>Department of Agricultural Economics and Management>Discussion Papers
Discussion Papers
1.09
|
