Abstract
A model is presented that incorporates water quantity and quality aspects and a market-based system is developed to characterize optimum water allocations between two regions or countries. A methodology is developed to compute an optimal policy that could support an interregional optimum water quantity and quality allocation in case that the relevant authorities of both regions agreed to impose it. The methodology is illustrated using the case of the Nestos river in the Balkans.
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Giannias, D.A. Marginal values of water quantity and quality variations. Quality & Quantity 31, 337–346 (1997). https://doi.org/10.1023/A:1004258716464
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DOI: https://doi.org/10.1023/A:1004258716464