Water use and salinity in the Murray–Darling Basin: A state‐contingent model*
Open Access
- 7 August 2007
- journal article
- Published by Wiley in Australian Journal of Agricultural and Resource Economics
- Vol. 51 (3) , 263-281
Abstract
The supply of water for irrigation is subject to climatic and policy uncertainty. The object of the present paper is to show how the linear and non‐linear programming models commonly used in modelling problems such as those arising in the Murray–Darling Basin may be adapted to incorporate a state‐contingent representation of uncertainty. Estimates showing the potential value of improved water use are also derived.Keywords
All Related Versions
This publication has 16 references indexed in Scilit:
- Water rights for variable supplies*Australian Journal of Agricultural and Resource Economics, 2006
- The state‐contingent approach to production under uncertainty*Australian Journal of Agricultural and Resource Economics, 2006
- Modelling Water Trade in the Southern Murray-Darling BasinSSRN Electronic Journal, 2004
- Technological and financial approaches to risk management in agriculture: an integrated approach*Australian Journal of Agricultural and Resource Economics, 2004
- Drought policy: a graphical analysis*Australian Journal of Agricultural and Resource Economics, 2004
- Criteria for optimal production under uncertainty. The state‐contingent approachAustralian Journal of Agricultural and Resource Economics, 2003
- Impacts of risk aversion on whole‐farm management in SyriaAustralian Journal of Agricultural and Resource Economics, 1998
- Tactical responses to seasonal conditions in whole-farm planning in Western AustraliaAgricultural Economics, 1993
- UTILITY‐EFFICIENT PROGRAMMING FOR WHOLE‐FARM PLANNING*Australian Journal of Agricultural Economics, 1988
- Murray River Salinity—An Illustrative ModelAmerican Journal of Agricultural Economics, 1988