Persistent Link:
http://hdl.handle.net/10150/301001
Title:
A Method for Maximizing the Present Value of a Groundwater Resource
Author:
Weisz, Reuben N.; Lowle, Charles L., Jr.
Affiliation:
Department of Agricultural Economics, The University of Arizona, Tucson; Soils, Water and Engineering Department, University of Arizona, Tucson, Arizona
Issue Date:
1-May-1976
Rights:
Copyright ©, where appropriate, is held by the author.
Collection Information:
This article is part of the Hydrology and Water Resources in Arizona and the Southwest collections. Digital access to this material is made possible by the Arizona-Nevada Academy of Science and the University of Arizona Libraries. For more information about items in this collection, contact anashydrology@gmail.com.
Publisher:
Arizona-Nevada Academy of Science
Journal:
Hydrology and Water Resources in Arizona and the Southwest
Abstract:
In the past, researchers have applied a variety of analytical techniques for maximizing the present value of net benefits derived from a stock resource-simulation, calculus of variations, stochastic dynamic programming, and optimal control theory. This paper presents a more operational approach - linear programming. Applying linear programming to this type of problem requires a set of internal accounting constraints that prevent the additivity assumption of linear programming from being violated. A simplified, broadly drawn example from Southwest agriculture is used for demonstrating the model's structure and output.
Keywords:
Hydrology -- Arizona.; Water resources development -- Arizona.; Hydrology -- Southwestern states.; Water resources development -- Southwestern states.
ISSN:
0272-6106

Full metadata record

DC FieldValue Language
dc.language.isoen_USen_US
dc.titleA Method for Maximizing the Present Value of a Groundwater Resourceen_US
dc.contributor.authorWeisz, Reuben N.en_US
dc.contributor.authorLowle, Charles L., Jr.en_US
dc.contributor.departmentDepartment of Agricultural Economics, The University of Arizona, Tucsonen_US
dc.contributor.departmentSoils, Water and Engineering Department, University of Arizona, Tucson, Arizonaen_US
dc.date.issued1976-05-01-
dc.rightsCopyright ©, where appropriate, is held by the author.en_US
dc.description.collectioninformationThis article is part of the Hydrology and Water Resources in Arizona and the Southwest collections. Digital access to this material is made possible by the Arizona-Nevada Academy of Science and the University of Arizona Libraries. For more information about items in this collection, contact anashydrology@gmail.com.en_US
dc.publisherArizona-Nevada Academy of Scienceen_US
dc.identifier.journalHydrology and Water Resources in Arizona and the Southwesten_US
dc.description.abstractIn the past, researchers have applied a variety of analytical techniques for maximizing the present value of net benefits derived from a stock resource-simulation, calculus of variations, stochastic dynamic programming, and optimal control theory. This paper presents a more operational approach - linear programming. Applying linear programming to this type of problem requires a set of internal accounting constraints that prevent the additivity assumption of linear programming from being violated. A simplified, broadly drawn example from Southwest agriculture is used for demonstrating the model's structure and output.en_US
dc.subjectHydrology -- Arizona.en_US
dc.subjectWater resources development -- Arizona.en_US
dc.subjectHydrology -- Southwestern states.en_US
dc.subjectWater resources development -- Southwestern states.en_US
dc.identifier.issn0272-6106-
dc.identifier.urihttp://hdl.handle.net/10150/301001-
dc.identifier.journalHydrology and Water Resources in Arizona and the Southwesten_US
dc.typetexten_US
dc.typeProceedingsen_US
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