Optimal Hedging Rules for Water Supply Reservoir Operations under Forecast Uncertainty and Conditional Value-at-Risk Criterion
Hedging rules for water supply reservoir operations provide guidelines for balancing the consequences of competing water allocations. When inflow forecast uncertainty is addressed, hedging acts as insurances for offsetting the negative influence of water shortage in the future, especially when droug...
Main Authors: | , , , , , |
---|---|
Format: | Article |
Language: | English |
Published: |
MDPI AG
2017-07-01
|
Series: | Water |
Subjects: | |
Online Access: | https://www.mdpi.com/2073-4441/9/8/568 |