Trading Under Risk and Uncertainty in an Agricultural Water Market in Chile

Risk and uncertainty in a water market generate trading patterns different from those expected under perfect foresight. Using data on leasing and permanent rights transactions collected from farmer surveys in Chile's Llmarl river basin, hypotheses regarding water market participation and the effect of risk on those decisions are tested.


Issue Date:
Aug 08 1999
Publication Type:
Conference Paper/ Presentation
Record Identifier:
http://ageconsearch.umn.edu/record/271490
Language:
English
Total Pages:
15




 Record created 2018-04-16, last modified 2018-04-16

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