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Dynamic trade-offs in water use between irrigation and reservoir aquaculture in Vietnam AgEcon
Tran, Lap Doc; Schilizzi, Steven; Kingwell, Ross S..
Conflicts of interest between irrigation and aquaculture in water use from reservoirs in Vietnam can be resolved when trade-offs in the economic value of water can be quantified over time. Determining these trade-offs can be used as a benchmark for making decisions about managing reservoirs tending to develop rural areas in Vietnam. To solve this problem, a stochastic dynamic programming model was constructed. This model maximizes the expected net present values generated by both agriculture and aquaculture by finding the optimal release paths throughout a year, under conditions of uncertain rainfall. The model was constructed using two main components. First, a dated water production function is used to evaluate responses of crop yields for different...
Tipo: Conference Paper or Presentation Palavras-chave: Irrigation; Reservoir aquaculture; Stochastic dynamic programming; And dynamic trade-offs; Community/Rural/Urban Development.
Ano: 2010 URL: http://purl.umn.edu/59171
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