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The River Sharing Problem : a Survey

The river sharing problem deals with the fair distribution of welfare resulting from the optimal allocation of water among a set of riparian agents. Ambec and Sprumont [Sharing a river, J. Econ. Theor. 107, 453–462] address this problem by modeling it as a cooperative TU-game on the set of riparian agents. Solutions to that problem are reviewed in this article. These solutions are obtained via an axiomatic study on the class of river TU-games or via a market mechanism.
International Game Theory Review, 15, 1-19
JEL : C71 ; D62 ; H23
River sharing problem, Cooperative game theory, Water resource allocation