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...

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Bibliographic Details
Main Authors: Alonso Eduardo García, Gómez Jorge Rojo, Díaz César Álvarez, Simal Pedro Díaz, Solana Mínguez
Format: Article
Language:English
Published: EDP Sciences 2016-01-01
Series:E3S Web of Conferences
Online Access:http://dx.doi.org/10.1051/e3sconf/20160720001