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| Author: | Rogers, J.W. Louis, G.E. |
| Title: | Risk and opportunity in upgrading the US drinking water infrastructure system |
| Journal: | Journal of Environmental Management
2008 : APR, VOL. 87:1, p. 26-36 |
| Index terms: | asset management risk water resources water supply industry environmental economics USA |
| Freeterms: | risk assessment |
| Language: | eng |
| Abstract: | This article presents a risk assessment tool for examining drinking water infrastructure (hereafter as DWI). The aim of this tool is to estimate decision-maker's sensitivity to the risk of the DWI systems failure. The particular case analyzed was United States DWI system. The conclusions of the paper reveal that decision-makers will achieve positive effects on expected budgetary outcomes if they assume risk-avoidance positions through proactive asset management strategies. |
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