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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2019-10-01
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Series: | Sustainability |
Subjects: | |
Online Access: | https://www.mdpi.com/2071-1050/11/21/6021 |