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Springer Verlag, Water Resources Management, 2(29), p. 359-377

DOI: 10.1007/s11269-014-0814-9

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Risk-Averse Economic Optimization in the Adaptation of River Dikes to Climate Change

Journal article published in 2014 by L. Wang, P. H. A. J. M. van Gelder, J. K. Vrijling, S. Maskey, R. Ranasinghe ORCID
This paper is available in a repository.
This paper is available in a repository.

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Abstract

To guarantee a safe flood defence in a changing environment, the adaptation to climate change needs to be considered in the design of river dikes. However, the large uncertainty in the projections of future climate leads to varied estimations of future flood probability. How to cope with the uncertainties in future flood probability under climate change is an inevitable question in the adaptation. In this paper, the uncertainty introduced by climate projections was integrated into the ‘expected predictive flood probability’, and the risk-aversion attitude was introduced in the adaptation of river dikes. The uncertainty of climate change impact on flood probability was represented by the uncertainty in the parameters of the probabilistic model...