Robust Management of Systemic Risks and Food-Water-Energy-Environmental Security: Two-Stage Strategic-Adaptive GLOBIOM Model

Robust Management of Systemic Risks and Food-Water-Energy-Environmental Security: Two-Stage Strategic-Adaptive GLOBIOM Model

Critical imbalances and threshold exceedances can trigger a disruption in a network of interdependent systems. An insignificant-at-first-glance shock can induce systemic risks with cascading catastrophic impacts. Systemic risks challenge traditional risk assessment and management approaches. These r...

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Bibliographic Details
Main Authors: Tatiana Ermolieva, Petr Havlik, Yuri Ermoliev, Nikolay Khabarov, Michael Obersteiner
Format: Article
Language:English
Published: MDPI AG 2021-01-01
Series:Sustainability
Subjects:
interdependent systems
systemic risks
two-stage non-smooth stochastic optimization
quantile-based risk constraints
robust strategic and adaptive decisions
Online Access:https://www.mdpi.com/2071-1050/13/2/857

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https://www.mdpi.com/2071-1050/13/2/857

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