ABSTRACT
This paper makes a number of key contributions to the existing literature. It develops a model that explores long-term adaptation to prolonged water scarcity in agriculture through inter-generational shifts in occupational choices. The model also incorporates differing preferences of generations within the same household to realistically capture tradeoffs that may arise within the household’s decision making process. Finally, the paper models social networking as an activity undertaken by one generation to not only enhance agricultural productivity but also to indirectly help the next generation accumulate human capital (i.e., education). To the best of my knowledge, social networking models in which one generation takes up networking to benefit the next generation have not previously been developed in the literature.
