Optimal Mechanisms for Heterogeneous Multi-Cell Aquifers

Stergios Athanassoglou; Glenn Sheriff; Tobias Siegfried; Woonghee Tim Huh

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Optimal Mechanisms for Heterogeneous Multi-Cell Aquifers

机译：多细胞非均质含水层的最佳机理

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Standard economic models of groundwater management impose restrictive assumptions regarding perfect transmissivity (i.e., the aquifer behaves as a bathtub), no external effects of groundwater stocks, observability of individual extraction rates, and/or homogeneous agents. In this article, we derive regulatory mechanisms for inducing the socially optimal extraction path in Markov perfect equilibrium for aquifers in which these assumptions do not hold. In spite of the complexity of the underlying system, we identify an interesting case in which a simple linear mechanism achieves the social optimum. To illus-trate potential problems that can arise by erroneously imposing simplifying assumptions, we conduct a simulation based on data from the Indian state of Andhra Pradesh.

机译：地下水管理的标准经济模型对完美的透射率（即含水层起着浴缸的作用）施加了限制性假设，没有地下水储量的外部影响，可观察到的单个萃取率和/或均质剂。在本文中，我们推导了在不满足这些假设的情况下，在马尔可夫完美均衡中诱导社会最优抽取路径的调节机制。尽管底层系统很复杂，但我们发现了一个有趣的案例，其中简单的线性机制实现了社会最优。为了说明错误地施加简化假设可能引起的潜在问题，我们基于印度安得拉邦的数据进行了模拟。

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来源
《Environmental & Resource Economics》 |2012年第2期|p.265-291|共27页
作者
Stergios Athanassoglou; Glenn Sheriff; Tobias Siegfried; Woonghee Tim Huh;
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作者单位

Fondazione Eni Enrico Mattei and Euro-Mediterranean Center on Climate Change, Milan, Italy;

National Center for Environmental Economics, U.S. Environmental Protection Agency,1200 Pennsylvania Ave. NW (1809T), Washington, DC, USA;

HydroSolutions Ltd, Zurich, Switzerland;

Sauder School of Business, University of British Columbia, Vancouver, BC, Canada;

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原文格式 PDF
正文语种 eng
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关键词
common property resource; differential games; groundwater extraction; imperfect monitoring; markov perfect equilibrium;

机译：共同财产资源;差分游戏;地下水提取;监控不完善;马可夫完美平衡;

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机译：异质多细胞含水层的最佳机制

Optimal Mechanisms for Heterogeneous Multi-Cell Aquifers

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