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All-in-Auctions for water

机译:水的全拍卖

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摘要

This paper proposes a novel mechanism for reallocating temporary water flows or permanent water rights. The All-in-Auction (AiA) increases efficiency and social welfare by reallocating water without harming water rights holders. AiAs can be used to allocate variable or diminished flows among traditional or new uses. AiAs are appropriate for use within larger organizations that distribute water among members, e.g., irrigation districts or wholesale water agencies. Members would decide when and how to use AiAs, i.e., when transaction costs are high, environmental constraints are binding, or allocation to outsiders is desired. Experimental sessions show that an AiA reallocates more units with no less efficiency that traditional two-sided auctions.
机译:本文提出了一种重新分配临时水流量或永久水权的新颖机制。全部拍卖(AiA)通过在不损害水权持有人的情况下重新分配水来提高效率和社会福利。 AiA可用于在传统用途或新用途之间分配可变流量或减少流量。 AiA适用于在成员之间分配水的大型组织(例如,灌溉区或批发水机构)中使用。会员将决定何时以及如何使用AiA,即交易成本高,环境约束具有约束力或需要分配给外部人员时。实验会议显示,AiA重新分配更多单位的效率不会低于传统的双向拍卖。

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