Murphy, J; Altaweel, M; Ozik, J; Lammers, R; (2019) Understanding Institutions for Water Allocation and Exchange: Insights from Dynamic Agent-Based Modeling. WIREs Water , 6 (6) , Article e1384. 10.1002/wat2.1384.

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Abstract

Water allocation occurs within systems that include market-driven and non-market approaches; these are often nested within complex collections of laws, contracts, and customs, and embody cultural definitions of the nature of water as a commodity or a right and the nature of fair exchanges. Understanding the dynamics of such an allocation system, including the ways that it may change through time and the ways that it can be modified to better achieve societal goals, can be challenging. One promising approach is agent-based modeling (ABM), and specifically models in which the agents dynamically adapt to the system that they create. The potential for such modeling in the domain of water systems is only beginning to be explored. We present a highly abstract but illustrative example of an adaptive system and its analysis to show the potential for the ABM approach.

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