How to Improve Water Resources Allocation Efficiency: A Two-Stage Performance-Based Allocation Mechanism

The fact that the water resource governor has to allocate limited water resources to two competing agricultural water users under the administrative system (AS) leads to a principal-agent issue. Hence, this paper constructs a two-stage performance-based allocation mechanism to motivate two competing...

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Bibliographic Details
Main Authors: Hui Zhang, Qiyu Ren, Jiaying Li
Format: Article
Language:English
Published: MDPI AG 2019-10-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/11/21/6021