Groundwater Management: Combating the Sinking Feeling
Igor Cialenco, Mike Ludkovski
Abstract
This non-technical survey introduces the topic of groundwater management to the mathematics and statistics communities. We focus on the emerging marketplaces for groundwater pumping rights, outlining probabilistic and statistical approaches to groundwater dynamics and game equilibria that underpin stakeholder decisions. After discussing rationing schemes and regulatory policies we list a range of open problems that are well suited to be tackled by the mathematical sciences researchers.
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