Image Database Export Citations


A Mechanism Design Approach to a Cooperative Solution of Local Externality Problems: A Case Study of Irrigation

Show full item record

Type: Working Paper
Author: Loehman, Edna T.; Dinar, Ariel
Date: 1992
URI: https://hdl.handle.net/10535/5809
Sector: Water Resource & Irrigation
Region: North America
Subject(s): irrigation
common pool resources
mechanism design
conflict resolution
Abstract: "Cooperative technology improvements may ameliorate externalities, and potentially produce Pareto superior outcomes compared to noncooperative abatement strategies, but they may not be adopted without appropriate institutional mechanisms. To achieve cooperative outcomes, there is the need for institutional mechanisms giving incentives for adoption of cooperative technologies. Here, the design of a process and a solution algorithm is proposed based on combining welfare economic principles and games proposed for public goods, common property resources and externality problems. Concepts are applied to an irrigation externality problem in the Central Valley of California to demonstrate existence of a unanimously acceptable solution."

Files in this item

Files Size Format View
A mechanism des ... l externality problems.pdf 1.020Mb PDF View/Open

This item appears in the following document type(s)

Show full item record