THE QUEUING THEORETIC APPROACH TO GROUNDWATER MANAGEMENT

In this paper I propose and develop a new framework for modeling groundwater management issues. Specifically, I apply the methods of queuing theory- for the first time, to the best of my knowledge- to model a groundwater management problem from a long-run perspective. I characterize two simple management regimes as two different kinds of queues and then show how to pose a manager's decision problem as an optimization problem using queuing theoretic techniques. I solve for certain fundamental quantities, such as the expected system size, and then discuss the economic meaning and relevance of the queuing concepts being used. I close by discussing possible extensions to my basic models. Published in Ecological Modelling 85 (2-3, 1996):219-27.


Issue Date:
1995
Publication Type:
Working or Discussion Paper
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/28349
PURL Identifier:
http://purl.umn.edu/28349
Total Pages:
18
Series Statement:
ERI Study Paper 95-14




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

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