The Murray Darling Basin (MDB) is a major irrigated agricultural region known as the food bowl of Australia. Over-allocation of water rights to irrigation in the MDB has mimicked a tragedy of the commons and has led to the degradation of the ecosystem of rivers in the basin. Competition between environment and agriculture is at the heart of the problem. As water in the river systems is semicommon, where private and common rights coexist and interact due to the fluid nature of the resource,...[Show more]
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