ALBERT

Description: Water, Vol. 10, Pages 863: Research on Optimal Water Allocation Based on Water Rights Trade under the Principle of Water Demand Management: A Case Study in Bayannur City, China Water doi: 10.3390/w10070863 Authors: Lizhen Wang Yuefei Huang Yong Zhao Haihong Li Fan He Jiaqi Zhai Yongnan Zhu Qingming Wang Shan Jiang In water shortage regions, water rights trading would be much useful for increasing water use inefficiency through changing users’ water demand. In this study, a water optimal allocation modelling system is proposed by considering water rights trading and other governmental policies such as water prices, water savings and industrial policies. An agent-based model was developed to describe the behaviors and goals of individual agents using complex adaptive system theory, information transfers, and functional mechanisms between agents. The developed model was applied to Bayannur City, which suffers from severe water shortages. The water prices for different industries, the water rights transaction price, and the behaviors of various agents in 2020 were forecasted. The results reveal that the water resources optimal allocation model applied in this study can help realize the reasonable allocation of regional water resources under limited water supply. It is also valuable to guide the government in making water resources allocation policies and provide a practical reference for the formulation and adjustment of a water market transaction price.