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| Author: | Luo, B. (et al.) |
| Title: | Toward quantifying the effectiveness of water trading under uncertainly |
| Journal: | Journal of Environmental Management
2007 : APR, VOL. 83:2, 181-190 |
| Index terms: | environmental economics water supply industry water resources models model testing |
| Language: | eng |
| Abstract: | Various water trading programs have been developed to deal with water shortage problems. This paper presents an optimization model based on the interval-parameter two-stage stochastic program (TPS) technique for quantifying the effectiveness of water-trading under uncertainty. The methodology was tested with a hypothetical water trading program in selected farmlands in Canada, and the results indicate that this methodology could help facilitate reducing the risks of establishing a water trading program. |
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