@techreport{45b88716aa1d45da93d4870df39f9ef8,
title = "Regulating water extraction in a river basin with upstream-downstream communities",
abstract = "This paper proposes a tax mechanism modelled for water extraction in a river system with upstream and downstream farmers. The tax mechanism is based on the regulator{\textquoteright}s own estimation of aggregate extraction and for that reason the tax addresses the problem of asymmetric information. It is demonstrated that the tax mechanism ensures approximately correct marginal extraction incentives for the individual farmer. Consequently, it is concluded that the tax mechanism proposed here has a practical application.",
author = "Graversen, {Mette Kildegaard}",
year = "2011",
language = "English",
series = "FOI Working Paper",
publisher = "Institute of Food and Resource Economics, University of Copenhagen",
number = "2011/2",
type = "WorkingPaper",
institution = "Institute of Food and Resource Economics, University of Copenhagen",
}