Arbeitspapier

River Sharing and Water Trade

We analyse river sharing games in which a set of agents located along a river shares the available water. Using coalition theory, we find that the potential benefits of water trade may not be sufficient to make all agents in the river cooperate and acknowledge property rights as a prerequisite for trade. Specifically, a complete market for river water may not emerge if there are four or more agents along the river. Instead, a partial market may emerge where a subset of agents trades river water while other agents can take some of the river water that passes their territory.

Language
Englisch

Bibliographic citation
Series: Tinbergen Institute Discussion Paper ; No. 15-001/VIII

Classification
Wirtschaft
Externalities
Noncooperative Games
Renewable Resources and Conservation: Water
Subject
river sharing
water trade
market emergence
property rights
coalition stability

Event
Geistige Schöpfung
(who)
Ansink, Erik
Gengenbach, Michael
Weikard, Hans-Peter
Event
Veröffentlichung
(who)
Tinbergen Institute
(where)
Amsterdam and Rotterdam
(when)
2015

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Ansink, Erik
  • Gengenbach, Michael
  • Weikard, Hans-Peter
  • Tinbergen Institute

Time of origin

  • 2015

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