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We investigate the strategic nature of farmers’ groundwater usage with a rich dataset from the American Midwest. We propose a new revealed preference test for the groundwater interaction as a… Click to show full abstract
We investigate the strategic nature of farmers’ groundwater usage with a rich dataset from the American Midwest. We propose a new revealed preference test for the groundwater interaction as a dynamic game. We reject a view of groundwater usage decisions as strategic substitutes in favor of strategic complements as a better description.
Keywords:
complements part;
usage strategic;
part revealed;
groundwater usage;
revealed preferences;
strategic complements
Journal Title: Games
Year Published: 2022
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Journal Title: Games
Year Published: 2022
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!