Accounting for Economic Factors in Socio-Hydrology: Optimization under Uncertainty and Climate Change

This paper reframes the socio-hydrology analysis as an optimization problem. To achieve this, we first develop a valuation scheme to estimate net benefits of development in a flood plain, consisting of benefits obtained from land and housing, less the costs of flood management and flood damage. Then...

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Bibliographic Details
Main Authors: Luis M. Abadie, Anil Markandya, Marc B. Neumann
Format: Article
Language:English
Published: MDPI AG 2019-10-01
Series:Water
Subjects:
Online Access:https://www.mdpi.com/2073-4441/11/10/2073