Equity–Efficiency Optimizing Resource Allocation: The Role of Time Preferences in a Repeated Irrigation Game

B-Tier
Journal: Oxford Bulletin of Economics and Statistics
Year: 2015
Volume: 77
Issue: 2
Pages: 234-253

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

type="main" xml:id="obes12058-abs-0001"> <title type="main">Abstract</title> <p>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 equity–efficiency 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.

Technical Details

RePEc Handle
repec:bla:obuest:v:77:y:2015:i:2:p:234-253
Journal Field
General
Author Count
3
Added to Database
2026-01-25