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Risk, robustness and water resources planning under uncertainty

Abstract:

Risk-based water resources planning is based on the premise that water managers should invest up to the point where the marginal benefit of risk reduction equals the marginal cost of achieving that benefit. However, this cost-benefit approach may not guarantee robustness under uncertain future conditions, for instance under climatic changes. In this paper, we expand risk-based decision analysis to explore possible ways of enhancing robustness in engineered water resources systems under differ...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1002/2017EF000730

Authors


More by this author
Institution:
University of Oxford
Division:
Social Sciences Division
Department:
SOGE; Environmental Change Institute
Role:
Author
More by this author
Institution:
University of Oxford
Division:
Social Sciences Division
Department:
SOGE; Environmental Change Institute
Role:
Author
More by this author
Institution:
University of Oxford
Division:
Social Sciences Division
Department:
SOGE; Environmental Change Institute
Role:
Author
Publisher:
Wiley
Journal:
Earth's Future More from this journal
Volume:
6
Issue:
3
Pages:
468-487
Publication date:
2018-02-13
Acceptance date:
2018-02-07
DOI:
EISSN:
2328-4277
ISSN:
2328-4277
Keywords:
Pubs id:
pubs:831634
UUID:
uuid:56998c19-d69a-4d0e-9705-f095b3909398
Local pid:
pubs:831634
Source identifiers:
831634
Deposit date:
2018-06-20

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