Using Water Allocation in Israel as a Proxy for Imputing the Value of Agricultural Amenities

Yerushalmi, Erez

doi:10.1016/j.ecolecon.2018.02.005

Cited by 7 publications

(5 citation statements)

References 65 publications

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“…We adopt the water resources optimization-based allocation model developed by the general algebraic modeling system (GAMS) as a widely used commercial software for optimization. It is quite an effective tool for solving large, complex problems requiring multiple revisions to finalize and provides a simple environment for mathematical modelling with any difficult mathematical algorithms [47][48][49][50]. Its basic framework, variables, constraints, objective functions, as well as input and output files were presented in [51].…”

Section: Methodsmentioning

confidence: 99%

Optimal Allocation Model of Water Resources Based on the Prospect Theory

Chen

Yin

et al. 2019

Water

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The rational allocation of water resources in the basin/region can be better assisted and performed using a suitable water resources allocation model. Rule-based and optimization-based simulation methods are utilized to solve medium-and long-term water resources allocation problems. Since rule-based allocation methods requires more experience from expert practice than optimization-based allocation methods, it may not be utilized by users that lack experience. Although the optimal solution can be obtained via the optimization-based allocation method, the highly skilled expert experience is not taken into account. To overcome this deficiency and employ the advantages of both rule-based and optimization-based simulation methods, this paper proposes the optimal allocation model of water resources where the highly skilled expert experience has been considered therein. The "prospect theory" is employed to analyze highly skilled expert behavior when decision-making events occur. The cumulative prospect theory value is employed to express the highly skilled expert experience. Then, the various elements of the cumulative prospect theory value can be taken as the variables or parameters in the allocation model. Moreover, the optimal water allocation model developed by the general algebraic modeling system (GAMS) has been improved by adding the decision reversal control point and defining the inverse objective function and other constraints. The case study was carried out in the Wuyur River Basin, northeast of China, and shows that the expert experience considered as the decision maker's preference can be expressed in the improved optimal allocation model. Accordingly, the improved allocation model will contribute to improving the rationality of decision-making results and helping decision-makers better address the problem of water shortage.2 of 17 establish a water resources allocation and management decision-making tool. Abolpour et al. [7] adopted an adaptive neuro-fuzzy reinforcement learning method to enhance the accuracy of optimized parameters in the water resources allocation model. Prasad et al. [8] proposed a linear programming method for finding the optimal irrigation-planning model by considering various growth stages of crops in the water resources allocation. An inaccurate two-stage water allocation model was utilized by Li et al. [9] to simulate the irrigation water requirements of multiple crops in the large-scale areas. Dai and Li [10] constructed a multi-stage irrigation water allocation model for different season water allocation policies. An inaccurate multi-stage stochastic optimization model was proposed by Li and Guo [11] to solve the mesoscale agricultural water resources planning problem. Recently, the rational allocation of water resources has been devoted to solving many difficulties encountered in practice. Kralisch et al. [12] proposed a neural network method to solve the allocation problem between urban living water and agricultural water. Wang et al. [13] proposed a water rights allocation m...

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Section: Methodsmentioning

confidence: 99%

Optimal Allocation Model of Water Resources Based on the Prospect Theory

Chen

Yin

et al. 2019

Water

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“…Top-down analyses of the Israeli economy include the CGE model for Israel, the IGEM [22] that was developed and employed to analyze the economy-wide impact of climate change [23,24], and climate change mitigation policies in Israel [22,25]. Other CGE-based analyses include those of Luckmann [26] and Yerushalmi [27], which demonstrated the economy-wide costs of water scarcity for Israel. Siddig and Grethe [28] used a GTAP-based CGE model to analyze the costs of disruptions of the NG supply from Egypt to Israel.…”

Section: Previous Studiesmentioning

confidence: 99%

Accelerating emission reduction in Israel: Carbon pricing vs. policy standards

Palatnik

Davidovitch

Krey

et al. 2023

Energy Strategy Reviews

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“…29 E.g. He and Lee (2016), Lee and Tongarlak (2017), Sun et al (2017), Vanzetti et al (2017), Yerushalmi (2018), Zhou et al (2020). business, management, and economics, although this phenomenon plays a non-negligible role in many economic sectors, particularly in agriculture and forestry or in the chemical and energy-producing industries.…”

Section: Relevance Of Important Terms Of Joint Production In the Rece...mentioning

confidence: 99%

Are important phenomena of joint production still being neglected by economic theory? A review of recent literature

Dyckhoff

Souren

2022

J Bus Econ

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Joint production is a term with a long history in economics, encompassing a variety of ubiquitous production types that usually generate both main products as well as desirable and undesirable byproducts. However, studies in economic history show that important phenomena subsumed under this term were largely ignored by the theories of general economics and of business economics in the twentieth century. Our systematic, narrative literature review based on the Web of Science analyses the extent to which this and other terms corresponding to such phenomena have been taken up by researchers since then. Whereas the number of papers on undesirable outputs has soared, especially in the past decade, the economic literature regarding joint production and harmless byproducts is much smaller and hardly growing. This is in stark contrast to their relevance in practice, recorded in the non-economic literature. Harmful byproducts result from coupled production, as a rule. However, this important manifestation of joint production is usually not distinguished from other specific types. In German-language literature, coupled production is defined as a kind of (truly) joint production in which an intended product cannot be manufactured without an additional type of output under consideration. Our review reveals a lack of clarity, precision, and consistency in the use of established terms and concepts in English-language literature, that may lead to insufficient external validity of widely accepted models. Moreover, one gets the impression that academic disciplines concerned with business or general economics focus too much on problems that are currently of economic interest, while neglecting other issues that may be marginal today but are likely to be of critical importance in the near future.

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Using Water Allocation in Israel as a Proxy for Imputing the Value of Agricultural Amenities

Cited by 7 publications

References 65 publications

Optimal Allocation Model of Water Resources Based on the Prospect Theory

Optimal Allocation Model of Water Resources Based on the Prospect Theory

Accelerating emission reduction in Israel: Carbon pricing vs. policy standards

Are important phenomena of joint production still being neglected by economic theory? A review of recent literature

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