A tale of two rivers: a hydro-economic model for the assessment of trading opportunities and return flow externalities in inter-basin water markets. Insights from the Tagus-Segura Water Transfer in Spain


carlos Dionisio perez Blanco, University of Salamanca, Salamanca, Spain, Carlos Gutiérrez Martín, UCO, Córdoba, Spain and Arthur Hrast Essenfelder, CMCC Euro-Mediterranean Center on Climate Change, Ca’ Foscari University of Venice, Venice, Italy