Strategic Behavior and Efficiency in the Common Property Extraction of Groundwater

Environmental and Resource Economics

Volumn 26, Issue 1, 2003, Pages 73-87

  Rubio, Santiago J ^a   Casino, Begoña ^a  

^a UNIVERSITY OF VALENCIA   (Spain)

Author keywords

Common property resources; Differential games; Groundwater extraction; Linear versus nonlinear strategies; Stationary Markov feedback equilibrium; Strategic externality

Indexed keywords

AQUIFERS; COSTS; FEEDBACK; MARKOV PROCESSES; SOCIAL ASPECTS;

MARKOV FEEDBACK EQUILIBRIUM;

GROUNDWATER;

ECONOMICS; GROUNDWATER; WATER MANAGEMENT;

COMMON PROPERTY RESOURCE; GROUNDWATER; TAX SYSTEM; WATER ECONOMICS; WATER MANAGEMENT;

EID: 0141615569     PISSN: 09246460     EISSN: None     Source Type: Journal    
DOI: 10.1023/A:1025637705488     Document Type: Article

References (16)

1. Allen, R. C. and M. Gisser (1984), 'Competition versus Optimal Control in Groundwater Pumping when Demand is Nonlinear', Water Resources Research 20, 752-756.
2. Brill, T. C. and H. S. Burness (1994), 'Planning versus Competitive Rates of Groundwater Pumping', Water Resources Research 30, 1873-1880.
3. Dockner, E. J. and N. V. Long (1993), 'International Pollution Control: Cooperative versus Noncooperative Strategies', Journal of Environmental Economics and Management 24, 13-29.
4. Feinerman, E. and K. C. Knapp (1983), 'Benefits from Groundwater Management: Magnitude, Sensitivity, and Distribution', American Journal of Agricultuml Economics 65, 703-710.
5. Gisser, M. (1983), 'Groundwater: Focusing on the Real Issue', Journal of Political Economy 91, 1001-1027.
6. Gisser, M. and D. A. Sánchez (1980), 'Competition versus Optimal Control in Groundwater Pumping', Water Resources Research 16, 638-642.
7. Kim, C. S. et al. (1989), A Dynamic Model of Adaptation to Resource Depletion: Theory and an Application to Groundwater Mining', Journal of Environmental Economics and Management 17, 66-82.
8. Knapp, K. C. and L. J. Olson (1995), 'The Economics of Conjunctive Groundwater Management with Stochastic Surface Supplies', Journal of Environmental Economics and Management 28, 340-356.
9. Negri, D. H. (1989), 'The Common Property Aquifer as a Differential Game', Water Resources Research 25, 9-15.
10. Nieswiadomy, M. (1985), 'The Demand for Irrigation in the High Plains of Texas, 1957-80', American Journal of Agricultural Economics 67, 619-626.
11. Provencher, B. and O. Burt (1993), 'The Externalities Associated with the Common Property Exploitation of Groundwater', Journal of Environmental Economics and Management 24, 139-158.
12. Tsur, Y. and A. Zemel (1995), 'Uncertainty and Irreversibility in Groundwater Resource Management', Journal of Enmronmental Economics and Management 29, 149-161.
13. Tsutsui, S. and K. Mino (1990), 'Nonlinear Strategies in Dynamic Duopolistic Competition with Sticky Prices', Journal of Economic Theory 52, 136-161.
14. Wirl, F. (1994), 'Pigouvian Taxation of Energy for Flow and Stock Externalities and Strategic, Noncompetitive Energy Pricing', Journal of Environmental Economics and Management 26, 1-18.
15. Wirl, F. and E. Dockner (1995), 'Leviathan Governments and Carbon Taxes: Costs and Potential Benefits', European Economic Review 39, 1215-1236.
16. Worthington, V. E., O. R. Burt and R. Brustkern (1985), 'Optimal Management of a Confined Groundwater System', Journal of Environmental Economics and Management 12, 229-245.