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Regional Cooperation in the Use of Irrigation Water: Efficiency and Income Distribution
Author(s) -
Yaron D.,
Ratner A.
Publication year - 1990
Publication title -
agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.29
H-Index - 82
eISSN - 1574-0862
pISSN - 0169-5150
DOI - 10.1111/j.1574-0862.1990.tb00104.x
Subject(s) - economics , distribution (mathematics) , payment , income distribution , irrigation , shadow (psychology) , shadow price , microeconomics , mathematics , mathematical optimization , inequality , mathematical analysis , biology , psychology , ecology , finance , psychotherapist
The paper presents an analysis of the economic potential of regional cooperation in water use in irrigation under conditions characterized by a general trend of increasing salinity. Income maximizing solutions for the region are derived and the related income distribution schemes are solved for, with the aid of cooperative game theory algorithms and shadow cost pricing. Distinction is made between distribution policies with and without side payments. The reasonableness and the acceptability of these schemes is later critically evaluated. The Nash‐Harsanyi approach seems to be the most appropriate for the conditions studied.