Optimization of water procurement decisions in an irrigation district: the role of option contracts

Water supply instability is one of the main risks faced by irrigation districts and farmers. Water procurement decision optimisation is essential in order to increase supply reliability and reduce costs. Water markets, such as spot purchases or water supply option contracts, can make this decision process more flexible. We analyse the potential interest in an option contract for an irrigation district that has access to several water sources. We apply a stochastic recursive mathematical programming model to simulate the water procurement decisions of an irrigation district?s board operating in a context of water supply uncertainty in south-eastern Spain. We analyse what role different option contracts could play in securing its water supply. Results suggest that the irrigation district would be willing to accept the proposed option contract in most cases subject to realistic values of the option contract financial terms. Of nine different water sources, desalination and the option contract are the main substitutes, where the use of either depends on the contract parameters. The contract premium and optioned volume are the variables that have a greater impact on the irrigation district?s decisions. Key words: Segura Basin, stochastic recursive programming, water markets, water supply option contract, water supply risk.

1.3 John D. Taylor, Democrat, MO House of Representatives, 39th District

However, the State of Missouri was not going to go down without a fight. In mid- January, 1939, John D. Taylor, a representative from Keytesville, MO, introduced a bill in the Missouri legislature designed to postpone integration of the University. Taylor, chairman of the House Appropriations committee, proudly called himself “an unreconstructed rebel.” Taylor’s proposal, House Bill No. 195, authorized Lincoln University to “establish whatever graduate and professional schools are necessary to the equivalent of the University of Missouri.”

Eficácia temporal da revogação da jurisprudência consolidada dos Tribunais Superiores = Temporal effectiveness of revocation of consolidated jurisprudence of the Superior Courts

Número dedicado ao Novo Código de Processo Civil.

Handbook of the freshwater fishes of India : giving the characteristic peculiarities of all the species at present known, and intended as a guide to students and district officers / By R. Beavan.

[Incomplete]

Transactions of the Department of Agriculture of the State of Illinois with reports from county and district agricultural organizations for the year ...

39

District records, 1795-1855

District reports are reports on the occupants of College rooms, the condition of chambers and of other college property.

Observations on the courts of law in Nova Scotia, Canada, 1775

Contains a discussion of the organization of the courts in Nova Scotia and recommends changes to allow for greater efficiency and logical administration of cases through the system of justice.

Letter, 17 January 1795

Letter written from York to an unnamed correspondent, in which Sewall discusses political matters, court and legislative business, and news from a recent visit to Boston. With extensive comments on the nature of winter weather in New England.

Notes of cases decided in the Superior and Supreme Judicial Courts of Massachusetts from 1772 to 1789: taken by the Hon. William Cushing, one of the judges during that period and most of the time Chief Justice

Notes of cases taken by Judge William Cushing during his tenure on the Massachusetts superior and supreme courts. (Formerly MS 2141.)

Lawyer's case book containing notes of cases adjudged and determined in the courts of Delaware, 1793-1796

Lawyer's case book containing notes on cases before the Delaware Supreme Court and Delaware Court of Common Pleas. Contains information on the cases and judgements.

[ Minutes of the proceedings of a general courts-martial], 1776

Varick served as judge advocate during these court-martial proceedings.

Notes of cases before colonial New Jersey courts, 1735-1755

Contains notes of cases before several New Jersey courts especially the New Jersey Supreme Court. Possibly compiled by Coxe.