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Coping with Complex Environmental and Societal Flood Risk Management Decisions: An Integrated Multi-criteria Framework

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Author Info

  • Karin Hansson

    ()
    (Department of Computer and Systems Sciences, Stockholm University, Forum 100, Kista SE-164 40, Sweden)

  • Aron Larsson

    ()
    (Department of Computer and Systems Sciences, Stockholm University, Forum 100, Kista SE-164 40, Sweden
    Department of Information Technology and Media, Mid Sweden University, Sundsvall SE-851 70, Sweden)

  • Mats Danielson

    ()
    (Department of Computer and Systems Sciences, Stockholm University, Forum 100, Kista SE-164 40, Sweden)

  • Love Ekenberg

    ()
    (Department of Computer and Systems Sciences, Stockholm University, Forum 100, Kista SE-164 40, Sweden)

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    Abstract

    During recent years, a great deal of attention has been focused on the financial risk management of natural disasters. One reason behind is that the economic losses from floods, windstorms, earthquakes and other disasters in both the developing and developed countries are escalating dramatically. It has become apparent that an integrated water resource management approach would be beneficial in order to take both the best interests of society and of the environment into consideration. One improvement consists of models capable of handling multiple criteria (conflicting objectives) as well as multiple stakeholders (conflicting interests). A systems approach is applied for coping with complex environmental and societal risk management decisions with respect to flood catastrophe policy formation, wherein the emphasis is on computer-based modeling and simulation techniques combined with methods for evaluating strategies where numerous stakeholders are incorporated in the process. The resulting framework consists of a simulation model, a decision analytical tool, and a set of suggested policy strategies for policy formulation. The framework will aid decision makers with high risk complex environmental decisions subject to significant uncertainties.

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    Bibliographic Info

    Article provided by MDPI, Open Access Journal in its journal Sustainability.

    Volume (Year): 3 (2011)
    Issue (Month): 9 (August)
    Pages: 1357-1380

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    Handle: RePEc:gam:jsusta:v:3:y:2011:i:9:p:1357-1380:d:13758

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    Web page: http://www.mdpi.com/

    Related research

    Keywords: decision; democracy; multiple criteria; natural disasters; policy formulation; risk;

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    References

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    1. Danielson, Mats & Ekenberg, Love, 1998. "A framework for analysing decisions under risk," European Journal of Operational Research, Elsevier, vol. 104(3), pages 474-484, February.
    2. Q. Ahmad, 2003. "Regional Cooperation in Flood Management in the Ganges-Brahmaputra-Meghna Region: Bangladesh Perspective," Natural Hazards, International Society for the Prevention and Mitigation of Natural Hazards, vol. 28(1), pages 191-198, January.
    3. Danielson, Mats & Ekenberg, Love, 2007. "Computing upper and lower bounds in interval decision trees," European Journal of Operational Research, Elsevier, vol. 181(2), pages 808-816, September.
    4. Danielson, Mats, 2005. "Generalized evaluation in decision analysis," European Journal of Operational Research, Elsevier, vol. 162(2), pages 442-449, April.
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