Water valuation in incentivized bargaining games

The design of mechanisms for sustainable irrigation water management requires a deep understanding of the water value for local communities. We present results from a lab-in-the-field incentivized game that sheds light on valuation patterns of irrigation water, relative to its value in the game, amo...

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Main Authors: Gafaro, M., Mantilla, C.
Format: Journal Article
Language:Inglés
Published: Elsevier 2025
Online Access:https://hdl.handle.net/10568/173580
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author Gafaro, M.
Mantilla, C.
author_browse Gafaro, M.
Mantilla, C.
author_facet Gafaro, M.
Mantilla, C.
author_sort Gafaro, M.
collection Repository of Agricultural Research Outputs (CGSpace)
description The design of mechanisms for sustainable irrigation water management requires a deep understanding of the water value for local communities. We present results from a lab-in-the-field incentivized game that sheds light on valuation patterns of irrigation water, relative to its value in the game, among small farmers in Colombia. In this game, two players divide a jointly endowed agricultural land plot, with some pieces having direct access to irrigation water. Although the induced cost of irrigation water in our game was one token, farmers paid between 2.1 and 3.5 times this amount. We characterize a general bargaining game that can be used to identify valuation discrepancies in settings with relevant use conflicts.
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publishDate 2025
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spelling CGSpace1735802025-10-26T13:02:25Z Water valuation in incentivized bargaining games Gafaro, M. Mantilla, C. The design of mechanisms for sustainable irrigation water management requires a deep understanding of the water value for local communities. We present results from a lab-in-the-field incentivized game that sheds light on valuation patterns of irrigation water, relative to its value in the game, among small farmers in Colombia. In this game, two players divide a jointly endowed agricultural land plot, with some pieces having direct access to irrigation water. Although the induced cost of irrigation water in our game was one token, farmers paid between 2.1 and 3.5 times this amount. We characterize a general bargaining game that can be used to identify valuation discrepancies in settings with relevant use conflicts. 2025-04 2025-03-12T04:33:39Z 2025-03-12T04:33:39Z Journal Article https://hdl.handle.net/10568/173580 en Limited Access Elsevier Gafaro, M.; Mantilla, C. 2025. Water valuation in incentivized bargaining games. Water Resources and Economics, 50:100259. [doi:https://doi.org/10.1016/j.wre.2025.100259]
spellingShingle Gafaro, M.
Mantilla, C.
Water valuation in incentivized bargaining games
title Water valuation in incentivized bargaining games
title_full Water valuation in incentivized bargaining games
title_fullStr Water valuation in incentivized bargaining games
title_full_unstemmed Water valuation in incentivized bargaining games
title_short Water valuation in incentivized bargaining games
title_sort water valuation in incentivized bargaining games
url https://hdl.handle.net/10568/173580
work_keys_str_mv AT gafarom watervaluationinincentivizedbargaininggames
AT mantillac watervaluationinincentivizedbargaininggames