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Risk-Based Decision Analysis in the Design of Water Supply Projects

Author

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  • P. Latinopoulos
  • N. Mylopoulos
  • Y. Mylopoulos

Abstract

The application of a decision analysis methodology to a small-scale water-supply/aquifer-contamination problem is presented. The main characteristic of the study is the development of a series of alternative strategies to ensure a continuous water supply to a village under variable risk conditions. It is assumed that the risks involved in the analysis reflect the uncertainty as to the hydraulic conductivity. Thus, a stochastic simulation model for groundwater flow and contaminant transport is employed in order to evaluate the implications of uncertainty in the system's behaviour upon the overall design decisions. Alternative decision strategies are formulated by considering both actual and probabilistic costs, and they are finally compared using a risk–cost–benefit objective function. Copyright Kluwer Academic Publishers 1997

Suggested Citation

  • P. Latinopoulos & N. Mylopoulos & Y. Mylopoulos, 1997. "Risk-Based Decision Analysis in the Design of Water Supply Projects," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 11(4), pages 263-281, August.
  • Handle: RePEc:spr:waterr:v:11:y:1997:i:4:p:263-281
    DOI: 10.1023/A:1007968900540
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    Cited by:

    1. Y. Mylopoulos & N. Theodosiou & N. Mylopoulos, 1999. "A Stochastic Optimization Approach in the Design of an Aquifer Remediation under Hydrogeologic Uncertainty," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 13(5), pages 335-351, October.
    2. Saeed Alimohammadi & Masoume Behrouz, 2021. "Stochastic Design of Flood Control Systems; Uncertainty Propagation and Results Representation," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 35(13), pages 4457-4476, October.
    3. Stéphanie Aulong & Madjid Bouzit & Nathalie Dörfliger, 2009. "Cost–Effectiveness Analysis of Water Management Measures in Two River Basins of Jordan and Lebanon," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 23(4), pages 731-753, March.

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