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Decision Analysis Considering Welfare Impacts In Water Resources Using The Benefit Transfer Approach, Ashraf Shaqadan
Decision Analysis Considering Welfare Impacts In Water Resources Using The Benefit Transfer Approach, Ashraf Shaqadan
All Graduate Theses and Dissertations, Spring 1920 to Summer 2023
Decision making in environmental management is faced with uncertainties associated with related environmental variables and processes. Decision makers are inclined to use resources to acquire better information in one or more uncertain variable(s). Typically, with limited resources available, characterizing the feasibility of such investment is desirable yet complicated.
In the context of reducing inherent uncertainty, decision makers need to tackle two difficult questions, first, the optimal selection of variable(s) and second, the optimal level of information collection which produces maximum gain in benefits.
We develop a new framework to assess the socioeconomic value of potential decisions of collecting additional information …