Discovery Projects - Grant ID: DP0986783

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/DP0986783

Funding Status
Closed

Does something not look right? The information on this page has been harvested from data sources that may not be up to date. We continue to work with information providers to improve coverage and quality. To report an issue, use the .

Funded Activity Summary

Water derivatives: conceptualisation, price modelling and economic impacts. Introducing water options is likely to provide farmers with more choices on trading their water allocation and enhance water price certainty. Recent seasons have accentuated the potential benefit of water options: regions with highly secure water in the past have suffered repeated shortfalls in allocations. Water options would alter the behaviour of water managers who would need to ensure sufficient carryover to future seasons to allow for drought. Options markets may improve the allocation of water between competing users. Such markets, by reducing uncertainty, may reduce excessive adjustment costs arising from drought by improving water access security.

Funded Activity Details

Start Date: 01-03-2009

End Date: 31-12-2013

Funding Scheme: Discovery Projects

Funding Amount: $180,000.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Stochastic Analysis And Modelling | Urban And Regional Economics | Applied Economics | Environment And Resource Economics

ANZSRC Socio-Economic Objective (SEO)

Water services and utilities | Horticultural crops | Land and water management |

Other Keywords

Applied Economics | Environment And Resource Economics | Horticultural crops | Land and water management | Stochastic Analysis And Modelling | Urban And Regional Economics | Water services and utilities

Related Links