Coping with Complex Environmental and Societal Flood Risk Management Decisions: An Integrated Multi-criteria Framework
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.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- 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.
- Q. Ahmad, 2003. "Regional Cooperation in Flood Management in the Ganges-Brahmaputra-Meghna Region: Bangladesh Perspective," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 28(1), pages 191-198, January.
- Danielson, Mats, 2005. "Generalized evaluation in decision analysis," European Journal of Operational Research, Elsevier, vol. 162(2), pages 442-449, April.
- 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.
When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:3:y:2011:i:9:p:1357-1380:d:13758. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (XML Conversion Team)
If references are entirely missing, you can add them using this form.