英文文献:Dynamic Water Regulation Under Endogenous Irrigation Investment and Production Uncertainty
英文文献作者:Zhang, Jiangfeng
英文文献摘要:
We study the problem of regulating California agriculture water use. Regulatory decisions are conditioned on current information as well as the anticipation of future learning. Endogenous learning, either about damages from waterlogging or about abatement costs, affects the optimal control today. These regulations affect farmers' water usage and their incentives to adopt new irrigation technology.


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