2002
DOI: 10.1111/1467-8489.00165
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Local water markets for irrigation in southern Spain: A multicriteria approach

Abstract: Spanish authorities have recently approved a new legislative framework for the creation of local water markets to improve allocative eciency for this scarce resource. This paper analyses the potential impacts of the policy. A utility function for three groups of farmers was elicited, using a method that does not require interaction with the decision-makers. Utility was measured as a function of the ®rst two moments of the distribution of total gross margin. The utility functions were then used to simulate farm… Show more

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Cited by 54 publications
(46 citation statements)
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“…Most of the existing research on the topic in Spain has been based on mathematical models and simulation (e.g., Arriaza et al, 2002). Although there is a lack of empirical evidence, the little evidence that is available shows that water markets do not achieve the performance that the theoretical and simulation work anticipates.…”
Section: Introductionmentioning
confidence: 99%
“…Most of the existing research on the topic in Spain has been based on mathematical models and simulation (e.g., Arriaza et al, 2002). Although there is a lack of empirical evidence, the little evidence that is available shows that water markets do not achieve the performance that the theoretical and simulation work anticipates.…”
Section: Introductionmentioning
confidence: 99%
“…Qureshi et al [15] included administrative and financial barriers in their mathematical model for the Murray-Darling basin in Australia, while Pujol [16] based on the farmers' preferences, added limits to profit-maximizing behaviour in implementing a model in different irrigated areas of Spain and Italy. Martínez and Goetz [17] provide another example of a mathematical model used to simulate water market mechanisms in agriculture in Spain, while the issue has also been studied there using Multi Criteria Analysis [18,19].…”
Section: Introduction and Objectivementioning
confidence: 99%
“…Algunos ejemplos de esta primera solución son los trabajos de Arriaza et al (2002), que utilizan una función de utilidad con un único atributo (beneficio) y Martínez y Gómez-Limón (2004), que consideran que la decisión sobre el consumo de agua está determinada por la utilidad multiatributo que ésta les aporta. Una segunda solución consiste en la introducción de restricciones y coeficientes técnicos que incorporan la variabilidad en las condiciones agroclimáticas, tecnología, disponibilidad de mano de obra, etc.…”
Section: Descripción Del áRea De Estudiounclassified
“…En el caso concreto de los mercados de tipo instantáneo o «spot» conviene destacar, entre otros, los estudios de Houston y Whittlesey (1986), Dinar y Letey (1991) y Weinberg et al (1993), Brennan y Scoccimarro (1998) localizados en Estados Unidos, y Bjornlund y Mckay (1998), y Bjornlund (2003) en Australia. En el ámbito de la literatura española cabe citar los trabajos de Arriaza y Gómez-Limón (2000), Arriaza et al (2002), en contexto de la modelización multicriterio y localizados en zonas de riego del valle del Guadalquivir. También utiliza esta metodología el trabajo de Martínez y Gómez-Limón (2004), que considera tres objetivos de gestión (maximización del margen bruto total, minimización del riesgo y minimización de la mano de obra total utilizada), pero en este caso aplicado a nivel de cuenca hidrográfica en el valle del Duero.…”
Section: Mercados De Aguaunclassified