IJESD 2018 Vol.9(6): 147-151 ISSN: 2010-0264
doi: 10.18178/ijesd.2018.9.6.1090
doi: 10.18178/ijesd.2018.9.6.1090
Easy Implementation of Intra-period Water Market Clearing Using CDDP Models
I. Mahakalanda
Abstract—This paper shows how to clear a market for water,
spatially with both consumptive and non-consumptive uses of
water. A set of demand/supply nodes in a tree, radiating from a
single reservoir represents a mixed-use river catchment. The
multi-nodal version of the deterministic Constructive Dual
Dynamic Programming (CDDP) procedure developed in this
study constructs a net demand curve for water released for the
reservoir which to efficiently and implicitly clears the market
across all nodes in the catchment. The main advantage of the
CDDP approach is that it enables us to backtrack and pick
apart prices in ways that allow participants and analysts to
understand why prices are, what they are, and from where the
value derives.
Index Terms—Water markets, CDDP, consumptive use, non-consumptive use.
I. Mahakalanda is with Department of Decision Sciences, University of Moratuwa, Sri Lanka (e-mail: indra.mahakalanda@gmail.com).
Index Terms—Water markets, CDDP, consumptive use, non-consumptive use.
I. Mahakalanda is with Department of Decision Sciences, University of Moratuwa, Sri Lanka (e-mail: indra.mahakalanda@gmail.com).
Cite: I. Mahakalanda, "Easy Implementation of Intra-period Water Market Clearing Using CDDP Models," International Journal of Environmental Science and Development vol. 9, no. 6, pp. 147-151, 2018.
General Information
- ISSN: 2010-0264 (Print); 2972-3698 (Online)
- Abbreviated Title: Int. J. Environ. Sci. Dev.
- Frequency: Bimonthly
- DOI: 10.18178/IJESD
- Editor-in-Chief: Prof. Richard Haynes
- Managing Editor: Ms. Cherry L. Chen
- Indexing: Scopus (CiteScore 2022: 1.4), Google Scholar, CNKI, ProQuest, EBSCO, etc.
- E-mail: ijesd@ejournal.net
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