Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/59733
Authors: 
Ansink, Erik
Gengenbach, Michael
Weikard, Hans-Peter
Year of Publication: 
2012
Series/Report no.: 
Nota di lavoro, Fondazione Eni Enrico Mattei: Climate Change and Sustainable Development 17.2012
Abstract: 
We analyse river sharing games in which a set of agents located along a river shares the available water. Using coalition theory, we find that the potential benefits of water trade may not be sufficient to make all agents in the river cooperate and acknowledge property rights as a prerequisite for trade. Specifically, a complete market for river water may not emerge if there are four or more agents along the river. Instead, a partial market may emerge where a subset of agents trades river water, with the possibility that other agents take some of the river water that passes their territory.
Subjects: 
River Sharing
Water Trade
Market Emergence
Property Rights
Coalition Stability
JEL: 
C72
D74
H23
Q25
Document Type: 
Working Paper

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