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econ.GN2026
Groundwater Management: Combating the Sinking Feeling
Igor Cialenco, Mike Ludkovski
This non-technical survey introduces the topic of groundwater management to the mathematics and statistics communities. We focus on the emerging marketplaces for groundwater pumpin…
q-fin.MF2026
Pro-rata mechanisms in groundwater markets
Igor Cialenco, Michael Ludkovski, Gael Dimitri Tekam Fongouo
We introduce a pro-rata rationing mechanism for resolving supply-demand imbalances in groundwater markets, extending the price-formation model of Cialenco and Ludkovski (2025). We…
q-fin.TR2026
Multiperiod Groundwater Markets
Igor Cialenco, Michael Ludkovski
Motivated by the emergence of local groundwater exchanges, we construct and analyze stochastic models of dynamic groundwater markets. Our primary focus is endogenizing the price fo…