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	Provedor de dados AgEcon (1) Autor Segarra, Eduardo (1) Wang, Chenggang (1) Palavra-chave Common property resource (1) Groundwater (1) Linear response and plateau technology (1) Resource /Energy Economics and Policy (1) The law of the minimum. (1) Tipo do documento Conference Paper or Presentation (1) Ano 2009 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última Optimal Groundwater Extraction under the Linear Response and Plateau Technology AgEcon Wang, Chenggang; Segarra, Eduardo. This paper studies the optimal management of groundwater resources when agronomic and hydrologic constraints bind the use of groundwater for irrigation. The binding constraints lead to a perfectly inelastic demand for groundwater. In the case of symmetric agents the social and private rates of groundwater extraction coincide with one another and commonality is completely innocuous; in the case of asymmetric agents the rate of extraction remains the same in the social and private setting, yet irrigation is abandoned by the same agent at different times. The model offers one way to rationalize the empirically found peculiarities of sticky water demand and Gisser-Sanchez Effect which defy conventional theory. The situations described in the model also... Tipo: Conference Paper or Presentation Palavras-chave: Common property resource; Groundwater; Linear response and plateau technology; The law of the minimum.; Resource /Energy Economics and Policy. Ano: 2009 URL: http://purl.umn.edu/51432 Registros recuperados: 1 Primeira ... 1 ... Última

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