Bankruptcy to Surplus: Sharing Transboundary River Basin’s Water under Scarcity

Dagmawi Mulugeta Degefu (), Weijun He, Liang Yuan, An Min and Qi Zhang
Additional contact information
Dagmawi Mulugeta Degefu: Ryerson University
Weijun He: China Three Gorges University
Liang Yuan: China Three Gorges University
An Min: Hohai University
Qi Zhang: China Three Gorges University

Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), 2018, vol. 32, issue 8, No 11, 2735-2751

Abstract: Abstract In this article a three-stage framework is proposed for allocating water and welfare in transboundary river basins under water scarcity. The proposed allocation framework combines the bargaining theory with resource allocation and bankruptcy games. The water bankrupt Euphrates River was taken as a case study to demonstrate the applicability of the allocation framework. The results showed that the total monetary welfare that can be generated by reallocating the water in order of decreasing water productivity value of each riparian country is greater by 43.43% of total monetary warfare that can be made if each country were to utilize the water allocated to it independently. The proposed allocation framework rewarded Turkey, Syria and Iraq with welfare assignments which are 41.5%, 42.1% and 57.45% greater than what they could have achieved by unilaterally utilizing the water allocated to them. Generally, the proposed water allocation, water reallocation and welfare assignment framework provide some insights for allocating transboundary water in a way which is efficient, fair and sustainable.

Keywords: Resource allocation game; Bankruptcy game; Nash bargaining solution; Euphrates River (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://link.springer.com/10.1007/s11269-018-1955-z Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:waterr:v:32:y:2018:i:8:d:10.1007_s11269-018-1955-z

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/11269

DOI: 10.1007/s11269-018-1955-z

Access Statistics for this article

Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA) is currently edited by G. Tsakiris

More articles in Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA) from Springer, European Water Resources Association (EWRA)
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().