Abstract

RIT community members may access full-text via RIT Libraries licensed databases: http://library.rit.edu/databases/ In this paper I propose and develop a new framework for modeling groundwater management issues. Specifically, I apply the method of queuing theory -- for the first time, to the best of my knowledge -- to model a groundwater management problem from a long-run perspective. I characterize two simple management regimes as two different kinds of queues and then show how to pose a manager's decision problem as an optimization problem using queuing theoretic techniques. I solve for certain fundamental quantities, such as the expected system size, and then discuss the economic meaning and relevance of the queuing concepts being used. I close by discussing possible extensions to my basic models.

Publication Date

1996

Comments

Elsevier. The definitive version is available at http://www.elsevier.com Note: imported from RIT’s Digital Media Library running on DSpace to RIT Scholar Works in February 2014.

Document Type

Article

Department, Program, or Center

Sustainability (GIS)

Campus

RIT – Main Campus

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