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Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/53240
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| Title: | | Reallocating water: An application of sequential sharing rules to Cyprus  |
| Authors: | | Ansink, Erik Marchiori, Carmen |
| Issue Date: | | 2009 |
| Series/Report no.: | | Nota di lavoro // Fondazione Eni Enrico Mattei: Sustainable development 126.2009 |
| Abstract: | | We present an axiomatic approach to the reallocation of water rights among economic sectors. Reallocation may be appropriate when the current schedule of water allocation is considered unfair. Our proposed approach is based on the combination of initial water rights, sectors' claims to water, and an exogenous ordering of these sectors. We apply sharing rules, based on bankruptcy rules, to reallocate water, which complements other approaches to the reallocation of water rights, including those based on water markets. Our approach is illustrated using an application to water reallocation in Cyprus, where reallocation of water rights has been recognised as an essential step towards good water governance and one of the main challenges for current water policies. |
| Subjects: | | Water Reallocation Sequential Sharing Rule Water Scarcity Axiomatic Approach Cyprus |
| JEL: | | D63 D71 Q25 |
| Document Type: | | Working Paper |
| Appears in Collections: | | FEEM Working Papers, Fondazione Eni Enrico Mattei
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