A new bankruptcy method for water resource allocation
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Abstract:
This paper introduces a new bankruptcy method for water resource allocation. We analyzed the effectiveness and limitations of the bankruptcy method, and added three new parameters, which were water resource abundance, water use efficiency, and minimum water supply guarantee rate, to the traditional bankruptcy allocation rule to improve this method. When we used these rules in the case study of Dongjang River basin, we found that: the traditional bankruptcy rules could not satisfy the requirements of water allocation; however, the amendatory bankruptcy rule produced more reasonable results, even in the future uncertainty situation. Moreover, the amendatory bankruptcy rule can be adapted to many different requirements through alteration of the weight of each parameter, making it more flexible to be applied to other areas.
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