Equity–efficiency optimizing resource allocation: The role of time preferences in a repeated irrigation game
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-o...
| Autores principales: | , , |
|---|---|
| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
Wiley
2015
|
| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/151435 |
| _version_ | 1855538284601540608 |
|---|---|
| author | Van Campenhout, Bjorn D'Exelle, Ben Lecoutere, Els |
| author_browse | D'Exelle, Ben Lecoutere, Els Van Campenhout, Bjorn |
| author_facet | Van Campenhout, Bjorn D'Exelle, Ben Lecoutere, Els |
| author_sort | Van Campenhout, Bjorn |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | 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. |
| format | Journal Article |
| id | CGSpace151435 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2015 |
| publishDateRange | 2015 |
| publishDateSort | 2015 |
| publisher | Wiley |
| publisherStr | Wiley |
| record_format | dspace |
| spelling | CGSpace1514352024-11-15T08:53:01Z Equity–efficiency optimizing resource allocation: The role of time preferences in a repeated irrigation game Van Campenhout, Bjorn D'Exelle, Ben Lecoutere, Els smallholders resource allocation irrigation methods game farming water use 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. 2015-04-01 2024-08-01T02:57:19Z 2024-08-01T02:57:19Z Journal Article https://hdl.handle.net/10568/151435 en Open Access Wiley Van Campenhout, Bjorn; D'Exelle, Ben; and Lecoutere, Els. 2015. Equity–efficiency optimizing resource allocation: The role of time preferences in a repeated irrigation game. Oxford Bulletin of Economics and Statistics 77(2): 234-253. https://doi.org/10.1111/obes.12058 |
| spellingShingle | smallholders resource allocation irrigation methods game farming water use Van Campenhout, Bjorn D'Exelle, Ben Lecoutere, Els Equity–efficiency optimizing resource allocation: The role of time preferences in a repeated irrigation game |
| title | Equity–efficiency optimizing resource allocation: The role of time preferences in a repeated irrigation game |
| title_full | Equity–efficiency optimizing resource allocation: The role of time preferences in a repeated irrigation game |
| title_fullStr | Equity–efficiency optimizing resource allocation: The role of time preferences in a repeated irrigation game |
| title_full_unstemmed | Equity–efficiency optimizing resource allocation: The role of time preferences in a repeated irrigation game |
| title_short | Equity–efficiency optimizing resource allocation: The role of time preferences in a repeated irrigation game |
| title_sort | equity efficiency optimizing resource allocation the role of time preferences in a repeated irrigation game |
| topic | smallholders resource allocation irrigation methods game farming water use |
| url | https://hdl.handle.net/10568/151435 |
| work_keys_str_mv | AT vancampenhoutbjorn equityefficiencyoptimizingresourceallocationtheroleoftimepreferencesinarepeatedirrigationgame AT dexelleben equityefficiencyoptimizingresourceallocationtheroleoftimepreferencesinarepeatedirrigationgame AT lecoutereels equityefficiencyoptimizingresourceallocationtheroleoftimepreferencesinarepeatedirrigationgame |