Decision-making and integrated assessment models of the water-energy-food nexus

Rising, James (2020) Decision-making and integrated assessment models of the water-energy-food nexus. Water Security, 9. ISSN 2468-3124

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Abstract

Studying trade-offs in the long-term development of water-energy-food systems requires a new family of hydroeconomic optimization models. This article reviews the central con- siderations behind these models, highlighting the importance of water infrastructure, the foundations of a theory of decision-making, and the handling of uncertainty. Integrated as- sessment models (IAMs), used in climate change policy research, provide insights that can support this development. In particular, IAM approaches to intertemporal decision-making and economic valuation can improve existing models. At the same time, IAMs have weak- nesses identified elsewhere and can benefit from the development of hydroeconomic models, which have complementary strengths.

Item Type:	Article
Official URL:	https://www.sciencedirect.com/journal/water-securi...
Additional Information:	© 2019 Elsevier B.V.
Divisions:	Geography & Environment Grantham Research Institute
Subjects:	G Geography. Anthropology. Recreation > GE Environmental Sciences
Date Deposited:	20 Dec 2019 08:36
Last Modified:	12 Dec 2024 02:01
URI:	http://eprints.lse.ac.uk/id/eprint/102961

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