Does Information Asymmetry Impact Sub-Regions’ Cooperation of Regional Water Resource Allocation?
| Autor: | Anran Xiao, Xudong Chen, Li Pan, Lu Zhao |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2019 |
| Předmět: |
China
information asymmetry 010504 meteorology & atmospheric sciences Health Toxicology and Mutagenesis 0208 environmental biotechnology Drainage basin lcsh:Medicine Social Welfare 02 engineering and technology Structural basin 01 natural sciences Article Resource Allocation Information asymmetry Order (exchange) Stackelberg competition 0105 earth and related environmental sciences geography geography.geographical_feature_category Information Dissemination lcsh:R Public Health Environmental and Occupational Health bi-level optimization Environmental economics 020801 environmental engineering Water resources regional cooperation Water Resources Resource allocation Business water allocation State Government |
| Zdroj: | International Journal of Environmental Research and Public Health, Vol 16, Iss 21, p 4292 (2019) International Journal of Environmental Research and Public Health Volume 16 Issue 21 |
| ISSN: | 1660-4601 |
| Popis: | Water resources allocation is an urgent problem for basin authorities. In order to obtain greater economic benefits from limited water supplies, sub-regions must cooperate with each other. To study the influence of cooperation among sub-regions and the symmetry of cooperation information on the interests of the basin authority and each sub-region, this study proposes a regional water allocation model in three different situations: (1) non-cooperation (2) cooperation and information symmetry (3) cooperation and information asymmetry. The proposed model clearly reflects the Stackelberg game relationship between the basin authority and sub-regions. Finally, the model is applied to the Qujiang River Basin in China, and the decisions of the basin authority and sub-regional managers of the Qujiang River Basin under three different situations are discussed. The results show that regional cooperation benefits both the cooperative regions and the social welfare value of the entire river basin, when compared with non-cooperation. |
| Databáze: | OpenAIRE |
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