Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 10th Sept 2026, 07:07:17pm CEST (Norway)
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Daily Overview |
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Water management and climate adaptation Location: Lab 2 Session Chair: Katrin Erdlenbruch, UMR Cee-m | |
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Resource extraction and land-use choice in a two-player two-period game 1: UMR Cee-m, France1; 2: University of Barcelona We set up a dynamic two-period model in which farmers decide on both land-use and water-use, while extracting from a common groundwater resource. We compute the Nash feedback equilibrium and the common property optimal solution, for symmetric and heterogeneous players. We first study the case where only water is a decision variable and then the case where water and land-use are decision variables, characterizing the intensive and extensive margin. We show that under Nash, more water is extracted than optimal, but more importantly, greater surfaces are irrigated and more water is extracted in the first period than in the second, in contrast to the optimal policy, showing the effect of strategic competition. We show in an example how regulating land-use may be a Pareto-improving policy and that not regulating it increases the difference between optimal and Nash gains, reducing the Gisser-Sanchez effect. | |