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Application of multiple objective models to water resources planning and management
Author(s) -
North Ronald M.
Publication year - 1993
Publication title -
natural resources forum
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.646
H-Index - 49
eISSN - 1477-8947
pISSN - 0165-0203
DOI - 10.1111/j.1477-8947.1993.tb00179.x
Subject(s) - computer science , order (exchange) , water resources , management science , structural adjustment , risk analysis (engineering) , operations research , environmental economics , business , economics , engineering , market economy , ecology , finance , biology
Over the past 30 years, we have seen the birth and growth of multiple objective analysis from an idea without tools to one with useful applications. Models have been developed and applications have been researched to address the multiple purposes and objectives inherent in the development and management of water resources. A practical approach to multiple objective modelling incorporates macroeconomic‐based policies and expectations in order to optimize the results from both engineering (structural) and management (non‐structural) alternatives, while taking into account the economic and environmental trade‐offs.