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| Dinar, Ariel; Wolf, Aaron T.. |
| Cooperation among players requires a realization of economic benefits to all players and a meeting of efficiency requirements through economically driven allocations. Cooperation among political (and sometimes hostile) players may not meet these requirements. Political considerations, usually ignored in economic analyses, can hinder or even block possible arrangements. A framework is proposed that includes both economic and political considerations for evaluating transfers or trades of scarce resources. This method quantifies both the economic payoffs using n-person game theory and the political likelihood of any of the coalitions actually forming, using the PRINCE Political Accounting System. The economic-political approach is applied to a case of a... |
| Tipo: Journal Article |
Palavras-chave: Political Economy. |
| Ano: 1997 |
URL: http://purl.umn.edu/31355 |
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| Wolf, Aaron T.. |
| In looking toward 2020, one of the most severe problems to be faced is an impending shortage of adequate supplies of fresh water essential for drinking and for growing crops. The Middle East, where a few waterways serve large areas of land belonging to a number of nations, is the place where strife over water is most likely to erupt. This paper examines the past--how water in the Middle East came to be divided as it is today--and looks at possible solutions for alleviating a water crisis and the resulting political tensions. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 1996 |
URL: http://purl.umn.edu/16240 |
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