Understanding Irrigator Bidding Behavior in Australian Water Markets in Response to Uncertainty

Water markets have been used by Australian irrigators as a way to reduce risk and uncertainty in times of low water allocations and rainfall. However, little is known about how irrigators’ bidding trading behavior in water markets compares to other markets, nor is it known what role uncertainty and...

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Principais autores: Alec Zuo, Robert Brooks, Sarah Ann Wheeler, Edwyna Harris, Henning Bjornlund
Formato: Artigo
Idioma:Inglês
Publicado em: MDPI AG 2014-11-01
coleção:Water
Assuntos:
water allocation market
price clustering
uncertainty
strategic behavior
Acesso em linha:http://www.mdpi.com/2073-4441/6/11/3457
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