Design criteria for flood-defense structures based on probabilistic cost-benefit optimization with value at risk (VaR) methods. Application to the Choluteca River in Tegucigalpa (Honduras)
A probabilistic CBA framework, combined with a Value at risk (VaR) methods, as applied in financial risk management, can be used to select the best mitigation scheme among several alternatives and reliability levels, based on a quantitative and objective procedure. The proposed method looks for the...
Main Authors: | , , , , |
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Format: | Article |
Language: | English |
Published: |
EDP Sciences
2016-01-01
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Series: | E3S Web of Conferences |
Online Access: | http://dx.doi.org/10.1051/e3sconf/20160720001 |