Policy Note: Risk and Uncertainty in the Murray–Darling Basin

Abstract

Water Economics and PolicyOnline Ready No AccessPolicy Nook — Policy Note: Risk and Uncertainty in the Murray–Darling BasinJohn QuigginJohn QuigginSchool of Economics, Faculty of Business, Economics and Law, The University of Queensland, St. Lucia, Brisbane, QLD 4072, AustraliaE-mail Address: [email protected] Search for more papers by this author https://doi.org/10.1142/S2382624X22710059Cited by:0 PreviousNext AboutSectionsView articleView Full TextPDF/EPUB ToolsAdd to favoritesDownload CitationsTrack CitationsRecommend to Library ShareShare onFacebookTwitterLinked InRedditEmail View article References Adamson, D, T Mallawaarachchi and J Quiggin [2009] Declining inflows and more frequent droughts in the Murray Darling Basin: climate change, impact and adaption. Australian Journal of Agricultural and Resource Economics, 53, 345–366. Crossref, Google Scholar Bell, S and J Quiggin [2008] The metagovernance of markets: The politics of water management in Australia. Environmental Politics, 17, 712–729. Crossref, Google Scholar Blaug, M [1962] Economic Theory in Retrospect. Cambridge, UK: Cambridge University Press. Google Scholar Borsch, SJ [2004] Environment and population: The collapse of large irrigation systems reconsidered. Comparative Studies in Society and History, 46(3), 451–468. Crossref, Google Scholar Chambers, RG and J Quiggin [2000] Uncertainty, Production, Choice and Agency: The State-Contingent Approach. Cambridge, UK: Cambridge University Press. Google Scholar Council of Australian Governments (2004). Communique 25. June. http://www.pm.gov.au/News/media_releases/media_Release941.html. Google Scholar Ellsberg, D [1961] Risk, ambiguity and the Savage axioms. Quarterly Journal of Economics, 75, 643–669. Crossref, Google Scholar Grant, S, JJ Kline and J Quiggin [2014] A matter of interpretation?: ambiguous contracts and liquidated damages. Games and Economic Behavior, 85, 180–187. Crossref, Google Scholar Grant, S and J Quiggin [2013a] Bounded awareness, heuristics and the Precautionary Principle. Journal of Economic Behavior & Organization, 93, 17–31. Crossref, Google Scholar Grant, S and J Quiggin [2013b] Inductive reasoning about unawareness. Economic Theory, 54, 717–755. Crossref, Google Scholar Jevons, WS [1871] The Theory of Political Economy. London: Macmillan. Google Scholar Knight, F [1921] Risk, Uncertainty and Profit. New York: Houghton Mifflin Company. Google Scholar Quiggin, J [1992] The pioneer’s curse: selection bias and agricultural land degradation. Journal of Risk and Uncertainty, 5, 241–246. Crossref, Google Scholar Randall, A [1981] Property entitlements and pricing policies for a maturing water economy. Australian Journal of Agricultural Economics, 25, 195–220. Crossref, Google Scholar Rumsfeld, D (2002). Transcript of press briefing. February 12. http://www.defense.gov/transcripts/transcript.aspx?transcriptid=2636. Google Scholar Shepherd, T (2022). ‘They’re coming back’: huge flows set to restore life to parched end of Murray-Darling system. The Guardian, November 14. https://www.theguardian.com/australia-news/2022/nov/14/theyre-coming-back-huge-flows-set-to-restore-life-to-parched-end-of-murray-darling-system. Google Scholar Smith, A (1976 [1776]). An Inquiry into the Nature and Causes of the Wealth of Nations, RH CampbellAS SkinnerWB Todd (eds.), Vol. 1. Oxford, UK: Oxford University Press. Google Scholar Willis, E, M Pearce, B Jorgensen and J Martin (2015). Water supply and governance options for outback towns in South Australia. Technical Report Series No. 15/7, Goyder Institute for Water Research, Adelaide, SA. Google Scholar FiguresReferencesRelatedDetails Recommended Online Ready Metrics History Received 10 January 2023 Accepted 11 January 2023 Published: 9 March 2023 PDF download