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Modeling at farm level: Positive Multi-Attribute Utility Programming
This article proposes a new mathematical programming model for the simulation of farmers’ decision-making. We have developed a model based on a multi-attribute utility approach that takes into consideration the most relevant ...
Recovering water for the environment during droughts through public water banks within a monopsony-monopoly setting
Allocation trade is an instrument that has been widely used to recover water for the environment during periods of scarcity (droughts). This paper proposes a water bank operating within a monopsony-monopoly setting with ...
Self-financed water bank for resource reallocation to the environment and within the agricultural sector
In closed river basins, economic activities commonly threaten instream flows, especially during drought episodes. In such situations, a suitable policy option is to recover water for the environment by purchasing water ...