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Water quality management is complicated with a variety of uncertainties and nonlinearities. This leads to difficulties in formulating and solving the resulting inexact nonlinear optimization problems. In this study, an inexact chance-constrained quadratic programming (ICCQP) model was developed...
Persistent link: https://www.econbiz.de/10010794041
discount and on institutional set up. Under no uncertainty, the value can correspond to approximately 0.45% of total GDP in EU … drastically under conditions of uncertainty and approaches zero for high probabilities in achieving targets. The allocation of …
Persistent link: https://www.econbiz.de/10010611612
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Climate change is one of the main factors that affect runoff changes. In the upstream of Minjiang River, the temperature increased significantly in the last 50 years, while the precipitation decreased on the contrary. In order to analyze the effect of climate change on site runoff, watershed...
Persistent link: https://www.econbiz.de/10011151570
In this paper, we consider a class of two-stage stochastic optimization problems arising in the protection of vital arcs in a critical path network. A project is completed after a series of dependent tasks are all finished. We analyze a problem in which task finishing times are uncertain but can...
Persistent link: https://www.econbiz.de/10009208694
Jagannathan's (Jagannathan, R. 1985. Use of sample information in stochastic recourse and chance-constrained programming models. Management Sci. 31 96--108.) invocation of a utility function for a chance-constrained programming problem [CCPP] produces a Bayesian utility maximation problem [BUMP]...
Persistent link: https://www.econbiz.de/10009214131
The issue of equivalence between chance-constrained programming problems (CCPP's) and Bayesian utility-maximization problems (BUMP's), and the anomalous evaluation of information in CCPP's, are re-examined in light of a recent paper by Jagannathan and the ensuing exchange between Jagannathan and...
Persistent link: https://www.econbiz.de/10009214304
Reliability programming formulations offer a family ofexplicit stochastic models for planning the operationof complex water resources systems. These models usecumulative probability distributions of the sum ofinflows to characterize their variability in theplanning period. Applicability of these...
Persistent link: https://www.econbiz.de/10010794852