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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Optimal Mechanisms for Heterogeneous Multi-cell Aquifers | |
Stergios Athanassoglou; Glenn Sheriff; Tobias Siegfried; Woonghee Tim Huh | |
发表日期 | 2011 |
出处 | Climate Change and Sustainable Development |
出版年 | 2011 |
语种 | 英语 |
摘要 | Standard economic models of groundwater management impose restrictive assumptions regarding perfect transmissivity (i.e., the aquifer behaves as a bathtub), no external effects of groundwater stocks, observability of individual extraction rates, and/or homogenous agents. In this article, we derive regulatory mechanisms for inducing the socially optimal extraction path in Markov perfect equilibrium for aquifers in which these assumptions do not hold. In spite of the complexity of the underlying system, we identify an interesting case in which a simple linear mechanism achieves the social optimum. To illustrate potential problems that can arise by erroneously imposing simplifying assumptions, we conduct a simulation based on data from the Indian state of Andhra Pradesh. *** Suggested citation: Stergios Athanassoglou, Glenn Sheriff, Tobias Siegfried, Woonghee Tim Huh, Optimal Mechanisms for Heterogeneous Multi-Cell Aquifers, Environ Resource Econ (2012) 52:265–291, http://dx.doi.org/10.1007/s10640-011-9528-0 |
特色分类 | C6;D0 |
关键词 | Common Property Resource Differential Games Groundwater Extraction Imperfect Monitoring Markov Perfect Equilibrium |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/optimal-mechanisms-for-heterogeneous-multi-cell-aquifers/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117954 |
推荐引用方式 GB/T 7714 | Stergios Athanassoglou,Glenn Sheriff,Tobias Siegfried,et al. Optimal Mechanisms for Heterogeneous Multi-cell Aquifers. 2011. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
2011325105161Nota_di(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
20113251051174NDL201(780KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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