COMPENSATING IRRIGATORS FOR RESTRICTING WATER USE: AN EXPECTED UTILITY ANALYSIS

Darrell Bosch, Vernon Eidman and Eric E. Gill

Western Journal of Agricultural Economics, 1986, vol. 11, issue 2, 10

Abstract: A daily limitation on the number of hours irrigators can pump may be imposed by utility companies seeking to use the company's generating capacity more efficiently. Three power interruption patterns are analyzed to determine electricity cost reductions which would have to be offered to keep irrigators from being made worse off by the interruptions. Irrigation system pumping capacity and the irrigator's attitudes toward risk are found to be primary determinants of the size of the required reductions.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Date: 1986
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/32244/files/11020146.pdf (application/pdf)

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:ags:wjagec:32244

DOI: 10.22004/ag.econ.32244

Access Statistics for this article

More articles in Western Journal of Agricultural Economics from Western Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().