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...

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Bibliographic Details
Main Authors: Bin Xu, Ping-An Zhong, Qiyou Huang, Jianqun Wang, Zhongbo Yu, Jianyun Zhang
Format: Article
Language:English
Published: MDPI AG 2017-07-01
Series:Water
Subjects:
Online Access:https://www.mdpi.com/2073-4441/9/8/568