Pricing a raindrop in a process-based model: general methodology and a case study of the Upper-Zambezi

A general approach is presented to value the stocks and flows of water as well as the physical structure of the basin on the basis of an arbitrary process-based hydrological model. This approach adapts concepts from the economic theory of capital accumulation, which are based on Lagrange multipliers...

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Bibliographic details
Main Author: Albersen, P. J
Houba, H. E. D
Keyzer, M. A
Format: Publication
Language: English
Place of publication: 01.01.2003
Data of publication: 2003-01-01
Online Access: available in Bonn?
Database: OpenAIRE
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