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Poster P-6-1-8: Fair and efficient freshwater allocation based on bankruptcy rules with cooperative game approaches

XVIII IWRA World Water Congress Beijing China 2023
Sub-theme 6: Innovation for Water Governance and Management
Author(s): Dr. Jianan Qin, Prof. Xiang Fu, Dr. Jing Wang. Prof. Xia Wu. Dr. Luguang Liu. Dr. Xin Wang

Dr. Jianan Qin1,2,3, Prof. Xiang Fu3, Dr. Jing Wang1, 2. Prof. Xia Wu1, 2. Dr. Luguang Liu1, 2. Dr. Xin Wang1, 2

  1. Hubei Water Resources Research Institute, Wuhan 430070, China;
  2. Hubei Water Saving Research Center, Wuhan 430070, China;
  3. State Key Laboratory of Water Resources and Hydropower Engineering Science, Wuhan University, Wuhan 430072, China

Poster: PDF

Abstract

Objectives

Achieving fair and efficient allocation of freshwater resources ; Exploring the possibility and highlighting the necessity of water rights trading in water-rich regions; Quantifying the incremental economic benefits generated by water resource allocation at different levels of cooperation; Promoting the intensive and economical utilization of water resources in water-rich regions; Enriching the application of various interdisciplinary and theoretical technologies in the field of water resource allocation.

Conclusions

Four cooperative game-based benefit compensation solutions all can ensure that the water usage benefits of six regions raise compared with those of their unilateral actions; Shapley solution is identified as the most long-term stable since it allows the most equitable distribution of internal power among agents; The proposed allocation framework not only contributes to facilitate water conflict resolution among regions, but also has the potential to improve the economic efficiency of water usage by conducting water rights transfer.

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