Criticality Analysis of a Water Distribution System Considering Both Economic Consequences and Hydraulic Loss Using Modern Portfolio Theory

Criticality Analysis of a Water Distribution System Considering Both Economic Consequences and Hydraulic Loss Using Modern Portfolio Theory

This study introduces an approach using Modern Portfolio Theory (MPT) to consider hydraulic resilience and economic consequence resilience of a water distribution system (WDS) to identify critical assets. <i>ECLIPS</i> (Economic Consequence Linked to Interruption in Providing Service), a...

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Bibliographic Details
Main Authors: Seungyub Lee, Sangmin Shin, David R. Judi, Timothy McPherson, Steven J. Burian
Format: Article
Language:English
Published: MDPI AG 2019-06-01
Series:Water
Subjects:
asset management
pipe replacement prioritization
consequence analysis
Online Access:https://www.mdpi.com/2073-4441/11/6/1222

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