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Legal and Political Agreements for Sharing International Rivers with Water Shortage

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  • Takayuki Oishi

Abstract

We develop normative investigation of sharing international rivers. First, we propose the model of water problems in the situation where a river flows through several states with the possibility of water shortage. We derive claims problems from the water problems. We axiomatize the family of convex combinations of the proportional and the equal awards rules for water claims problems. Using a unique claim vector constrained by geographic factors of a watercourse and the majority voting rule, we demonstrate how to determine the legal and political agreement of water problems.

Suggested Citation

  • Takayuki Oishi, 2018. "Legal and Political Agreements for Sharing International Rivers with Water Shortage," Discussion Papers 39, Meisei University, School of Economics.
    • Handle: RePEc:mei:wpaper:39
    as

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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    international river; claims problems; axiomatization; proportional rules; equal awards rules; median voter theorem;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • K32 - Law and Economics - - Other Substantive Areas of Law - - - Energy, Environmental, Health, and Safety Law

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