Heliyon · 2022 · 11 citations · 97 references
Natural ResourcesWater Resources ManagementWatershed ManagementEnvironmental EconomicsWater PolicyWater Resource ManagementEcosystem Services EconomicsWater EconomicsWater PricingWater Resource EconomicsWatershed Management PolicyWillingness To PayBayesian Inference Of EquilibriumEcosystem Service BundlesEcosystem ServicesEcosystem Services NegotiationWater Quantity AllocationWater Resources AllocationWatershed Decision-makingWatershed Management Planning
. Based on the dynamic game & Bayesian equilibrium solution of bargaining, the watershed eco-compensation quota of water quantity & quality is 6.07 million US$, the willingness to pay is 65.63 US$/month. These findings contribute to the quantifying process of bargaining & dynamic equilibrium by transforming "ambiguous" information to achieve sustainable ecosystem service management and develop socioeconomic strategies associated with different compensation features based on NbS, thus helping to inform watershed management.
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Perfect Equilibrium in a Bargaining Model
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