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Estimating an optimal distribution of water entitlements
Author(s) -
Tisdell J. G.,
Harrison S. R.
Publication year - 1992
Publication title -
water resources research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.863
H-Index - 217
eISSN - 1944-7973
pISSN - 0043-1397
DOI - 10.1029/92wr01795
Subject(s) - distributive property , distribution (mathematics) , transferable utility , economics , environmental science , operations research , computer science , microeconomics , mathematics , game theory , mathematical analysis , pure mathematics
This paper is concerned with the distributive consequences of alternative methods of allocating transferable water licenses in Queensland, Australia. The equilibrium of a number of different cooperative games will be used to judge which method of initial allocation of water entitlements potentially produces the most equitable distribution of the income derived from regulated water.