Water valuation at basin scale with application to western India

S. Pande, G.J.M. van den Boom, H.G. Savenije, A.K. Gosain

    Research output: Contribution to JournalArticleAcademicpeer-review


    A parsimonious hydro-economic model for a data scarce dryland area is presented. It features a basin level decentralized water allocation mechanism which is adapted to incorporate sustainable water use and to deal with the externalities from upstream-downstream linkages. We formulate the profit maximization problem of various agents in a basin, each identifying a sub-basin, who operate within the boundaries of a spatially explicit model that describes the dominant hydrological processes. We address issues of non-convexities and non-steady state conditions and elicit the dependence of a decentralized water allocation on geophysical properties of the basin. In particular, the approach describes how the competition between the drying and drainage functions of sub-basins in dryland areas manifests itself in the optimal valuation of water. The application to an area of over 500,000km
    Original languageEnglish
    Pages (from-to)2416-2428
    JournalEcological Economics
    Issue number12
    Publication statusPublished - 2011


    Dive into the research topics of 'Water valuation at basin scale with application to western India'. Together they form a unique fingerprint.

    Cite this