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Author:Ballestero, E.
Alarcon, S.
Garcia-Bernabeu, A.
Title:Establishing politically feasible water markets: a multi- criteria approach
Journal:Journal of Environmental Management
2002 : AUG, VOL. 65:4, p. 411-429
Index terms:ENVIRONMENT
DECISION ANALYSIS
RESOURCE ALLOCATION
WATER RESOURCES
Language:eng
Abstract:A multiple criteria decision-making (MCDM) model to simulate the establishment of water markets is developed. The environment is an irrigated area governed by a non- profit agency, which is responsible for water production, allocation, and pricing. There is a traditional situation of historical rights, average-cost pricing for water allocation large quantities of water used, and inefficiency. A market-oriented policy could be implemented by accounting for ecological and political objectives such as saving groundwater and safeguarding historical rights while promoting economic efficiency. In this paper, a problem is solved by compromise programming, a multi- criteria technique based on the principles of Simonian logic.
SCIMA record nr: 241276
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