000124206 001__ 124206
000124206 005__ 20170826103141.0
000124206 037__ $$a423-2016-26993
000124206 041__ $$aen_US
000124206 245__ $$aRisk Aversion and Urban Water Decisions
000124206 260__ $$c2012-02
000124206 269__ $$a2012-02
000124206 300__ $$a16
000124206 336__ $$aConference Paper/ Presentation
000124206 520__ $$aApplication of the product characteristics model and the finance portfolio choice model are used to illustrate the important effects of risk aversion held by decision makers in making decisions in the urban water markets. Decision makers face uncertainty about water demand, water inflows and supply costs, and about government policy. Relative to risk neutrality assumed in many models, risk aversion changes decisions about the management of available water supply infrastructure, and about the form and timing of supply augmentation options. Recognition of heterogeneity of buyer preference with respect to risk suggest efficiency gains from offering a variety of cost-security of supply characteristic packages to water buyers.
000124206 542__ $$fLicense granted by Elizabeth Hilber (hilb0033@umn.edu) on 2012-05-31T15:40:54Z (GMT):

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000124206 650__ $$aCommunity/Rural/Urban Development
000124206 650__ $$aResource /Energy Economics and Policy
000124206 700__ $$aFreebairn, John W.
000124206 773__ $$d2012
000124206 8564_ $$s136528$$uhttp://ageconsearch.umn.edu/record/124206/files/2012AC%20MS12%20Freebairn%20paper.pdf
000124206 887__ $$ahttp://purl.umn.edu/124206
000124206 909CO $$ooai:ageconsearch.umn.edu:124206$$qGLOBAL_SET
000124206 912__ $$nSubmitted by Elizabeth Hilber (hilb0033@umn.edu) on 2012-05-31T15:43:07Z
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000124206 912__ $$nMade available in DSpace on 2012-05-31T15:43:11Z (GMT). No. of bitstreams: 1
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  Previous issue date: 2012-02
000124206 982__ $$gAustralian Agricultural and Resource Economics Society>2012 Conference (56th), February 7-10, 2012, Freemantle, Australia
000124206 980__ $$a423