Arbeitspapier

Climate Change and the Stability of Water Allocation Agreements

We analyse agreements on river water allocation between riparian countries. Besides being efficient, water allocation agreements need to be stable in order to be effective in increasing the efficiency of water use. In this paper, we assess the stability of water allocation agreements, using a game theoretic model. We consider the effects of climate change and the choice of a sharing rule on stability. Our results show that both a decrease in mean river flow and an increase in the variance of river flow decrease the stability of an agreement. An agreement where the downstream country is allocated a fixed amount of water has the lowest stability compared to other sharing rules.

Language
Englisch

Bibliographic citation
Series: Nota di Lavoro ; No. 16.2007

Classification
Wirtschaft
Renewable Resources and Conservation: Water
Subject
Water Allocation
Stability
Climate Change
Game Theory
Klimaveränderung
Spieltheorie
Wasserversorgung

Event
Geistige Schöpfung
(who)
Ansink, Erik
Ruijs, Arjan
Event
Veröffentlichung
(who)
Fondazione Eni Enrico Mattei (FEEM)
(where)
Milano
(when)
2007

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Ansink, Erik
  • Ruijs, Arjan
  • Fondazione Eni Enrico Mattei (FEEM)

Time of origin

  • 2007

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