Local water markets for irrigation in southern Spain: A multicriteria approach

dc.creatorArriaza Balmón, Manuel
dc.creatorGomez-Limon, Jose A.
dc.creatorUpton, Martin
dc.date2017-04-01T19:32:50Z
dc.date.accessioned2026-07-09T05:51:23Z
dc.descriptionSpanish authorities have recently approved a new legislative framework for the creation of local water markets to improve allocative efficiency for this scarce resource. This paper analyses the potential impacts of the policy. A utility function for three groups of farmers was elicited, using a method that does not require interaction with the decision‐makers. Utility was measured as a function of the first two moments of the distribution of total gross margin. The utility functions were then used to simulate farmers' responses to changes in the price of water.
dc.identifierdoi:10.22004/ag.econ.118068
dc.identifierhttps://ageconsearch.umn.edu/record/118068/files/1467-8489.00165.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/118068
dc.identifier.urihttp://hdl.handle.net/123456789/569237
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/118068
dc.titleLocal water markets for irrigation in southern Spain: A multicriteria approach
dc.typeText

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