|
Title
|
|
|
|
Equity efficiency optimizing resource allocation : the role of time preferences in a repeated irrigation game
|
|
|
Author
|
|
|
|
|
|
|
Abstract
|
|
|
|
| We study repeated water allocation decisions among small scale irrigation users in Tanzania. In a treatment replicating water scarcity conditions, convexities in production make that substantial efficiency gains can be obtained by deviating from equal sharing, leading to an equityefficiency trade-off. In a repeated game setting, it becomes possible to reconcile efficiency with equity by rotating the person who receives the largest share, but such a strategy requires a longer run perspective. Correlating experimental data from an irrigation game with individual time preference data, we find that less patient irrigators are less likely to use a rotation strategy. |
|
|
|
Language
|
|
|
|
English
|
|
|
Source (journal)
|
|
|
|
Oxford bulletin of economics and statistics. - Oxford
|
|
|
Publication
|
|
|
|
Oxford
:
2015
|
|
|
ISSN
|
|
|
|
0305-9049
|
|
|
DOI
|
|
|
|
10.1111/OBES.12058
|
|
|
Volume/pages
|
|
|
|
77
:2
(2015)
, p. 234-253
|
|
|
ISI
|
|
|
|
000350660400005
|
|
|
Full text (Publisher's DOI)
|
|
|
|
|
|
|
Full text (open access)
|
|
|
|
|
|