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The Cooperative Water Allocation Model (CWAM) is designed within a general mathematical programming framework for modeling equitable and efficient water allocation among competing users at the basin level and applied to a large-scale water allocation problem in the South Saskatchewan River Basin...
Persistent link: https://www.econbiz.de/10005278006
A comparison of regime-switching approaches to modeling the stochastic behavior of temperature with an aim to the valuation of temperature-based weather options is presented. Four models are developed. Three of these are two-state Markov regime-switching models and the other is a single-regime...
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Case-based preference elicitation methods for multiple criteria sorting problems have the advantage of posing rather small cognitive demands on a decision maker, but they may lead to ambiguous results when preference parameters are not uniquely determined. We use a simulation approach to...
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The graph model for conflict resolution provides a convenient and effective means to model and analyze a strategic conflict. Standard practice is to carry out a stability analysis of a graph model, and then to follow up with a post-stability analysis, an important component of which is status...
Persistent link: https://www.econbiz.de/10008865206