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An application of dynamic games with complete and perfect information to central asian water conflict resolution

Author

Listed:
  • Mirzosaid Sultonov

    (Doctoral Student, Graduate School of Economics, Kobe University)

Abstract

This paper uses dynamic games with complete and perfect information in solution of water conflict in Central Asia. The benefits and costs of the countries for their actions are modelled as payoffs for decision-makers within the frame of game theory concept. The equilibrium increasing the expected benefits, supporting rational use of water resources, contributing to preservation of political stability and environmental protection is identified. Confirmation of expediency of cooperation among countries of the region in long-term management of water resources is the main purpose of the paper.

Suggested Citation

  • Mirzosaid Sultonov, 2011. "An application of dynamic games with complete and perfect information to central asian water conflict resolution," Economics Bulletin, AccessEcon, vol. 31(3), pages 1-30.
    • Handle: RePEc:ebl:ecbull:eb-11-00468
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    File URL: http://www.accessecon.com/pubs/EB/2011/Volume31/EB-11-V31-I3-A30.pdf
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    More about this item

    Keywords

    Central Asia; water conflict; game theory; dynamic games.;
    All these keywords.

    JEL classification:

    • Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory

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