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The Queuing Theoretic Approach To Groundwater Management

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  • Batabyal, Amitrajeet A.

Abstract

In this paper I propose and develop a new framework for modeling groundwater management issues. Specifically, I apply the methods of queuing theory- for the first time, to the best of my knowledge- to model a groundwater management problem from a long-run perspective. I characterize two simple management regimes as two different kinds of queues and then show how to pose a manager's decision problem as an optimization problem using queuing theoretic techniques. I solve for certain fundamental quantities, such as the expected system size, and then discuss the economic meaning and relevance of the queuing concepts being used. I close by discussing possible extensions to my basic models. Published in Ecological Modelling 85 (2-3, 1996):219-27.

Suggested Citation

  • Batabyal, Amitrajeet A., 1995. "The Queuing Theoretic Approach To Groundwater Management," Economics Research Institute, ERI Study Papers 28349, Utah State University, Economics Department.
    • Handle: RePEc:ags:usuesp:28349
    DOI: 10.22004/ag.econ.28349
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    References listed on IDEAS

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    1. Provencher Bill & Burt Oscar, 1993. "The Externalities Associated with the Common Property Exploitation of Groundwater," Journal of Environmental Economics and Management, Elsevier, vol. 24(2), pages 139-158, March.
    2. Oscar R. Burt & Ronald G. Cummings, 1977. "Natural Resource Management, the Steady State, and Approximately Optimal Decision Rules," Land Economics, University of Wisconsin Press, vol. 53(1), pages 1-22.
    3. Amartya K. Sen, 1967. "Isolation, Assurance and the Social Rate of Discount," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 81(1), pages 112-124.
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