MEASURING THE GAINS FROM MANAGEMENT OF SPATIALLY HETEROGENEOUS RESOURCES: THE CASE OF GROUNDWATER

We develop a model for the dynamic management of spatially heterogeneous resources with multiple users. We apply our model to the case of groundwater and show that contrary to the results of existing studies even when externalities are highly concentrated in space, significant efficiency gains are possible over competitive outcomes.


Issue Date:
2004
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/20240
PURL Identifier:
http://purl.umn.edu/20240
Total Pages:
31
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2019-08-26

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