Dealing with Uncertainty in Flood Management Through Diversification

Dealing with Uncertainty in Flood Management Through Diversification

This paper shows, through a numerical example, how to develop portfolios of flood management activities that generate the highest return under an acceptable risk for an area in the central part of the Netherlands. The paper shows a method based on Modern Portfolio Theory (MPT) that contributes to de...

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Bibliographic Details
Main Authors: Jeroen C. J. H. Aerts, Wouter Botzen, Anne van der. Veen, Joerg Krywkow, Saskia Werners
Format: Article
Language:English
Published: Resilience Alliance 2008-06-01
Series:Ecology and Society
Subjects:
adaptive water management
diversification
flood risk
Modern Portfolio Theory
uncertainty
vulnerability.
Online Access:http://www.ecologyandsociety.org/vol13/iss1/art41/

Internet

http://www.ecologyandsociety.org/vol13/iss1/art41/

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