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Mechanism for open management of harmonizing water use strategies under stochastic conditions
Authors:I L Khranovich
Institution:(1) Altana AG, Friedrich-Ebert-Damm 101, 22047 Hamburg, Germany;
Abstract:The study is focused on the harmonization of water use and removal strategies employed by a management body of a water resource system (center) and water users, i.e., active elements, which can intentionally distort information about their potentialities and preferences. The harmonization mechanism is based on the open-management (fair-play) principle. The instruments of harmonization are prices for water use and removal. When the volumes of allocated water resources and the masses of removed chemicals are determined independently, the harmonization is perfect, while when the joint management of the amount and quality of water resources is used, the harmonization is approximate.
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