Arbeitspapier

The Economics of Transboundary River Management

We survey the economics of transboundary river water allocation, which emerged in the 1960s and has matured over the last decade due to increasing concerns over water scarcity and pollution. We outline the major approaches and pay specific attention to the strategic aspects of transboundary river water allocation. These strategic aspects are captured by employing game theory to assess the economics of transboundary river water allocation in a simple model of river sharing. This model allows us to show how conflict and cooperation over transboundary water resources may occur. It also allows us to pay specific attention to the efficiency, sustainability, and fairness of solutions to this model. We compare and contrast both cooperative and non-cooperative approaches and we relate their solutions to illustrative examples.

Language
Englisch

Bibliographic citation
Series: Tinbergen Institute Discussion Paper ; No. 14-132/VIII

Classification
Wirtschaft
Cooperative Games
Stochastic and Dynamic Games; Evolutionary Games; Repeated Games
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Conflict; Conflict Resolution; Alliances; Revolutions
International Agreements and Observance; International Organizations
Renewable Resources and Conservation: Water
Subject
River sharing problem
River claims problem
Fairness
Efficiency
Sustainability
Water allocation agreement
Bargaining
Water trade
Sharing rules
Axiomatic approach

Event
Geistige Schöpfung
(who)
Ansink, Erik
Houba, Harold
Event
Veröffentlichung
(who)
Tinbergen Institute
(where)
Amsterdam and Rotterdam
(when)
2014

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Ansink, Erik
  • Houba, Harold
  • Tinbergen Institute

Time of origin

  • 2014

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