Managing the Cascading Risks of Droughts: Institutional Adaptation in Transboundary River Basins

Abstract Transboundary river basins experience complex coordination challenges during droughts. The multiscale nature of drought creates potential for spillovers when upstream adaptation decisions have cascading impacts on downstream regions. This paper advances the institutional analysis and development (IAD) framework to examine drought adaptation decision‐making in a multijurisdictional context. We integrate concepts of risk management into …