Theoretical Framework of Water Allocation based on the Concept of Risk-Sharing
Date Issued
2014
Date
2014
Author(s)
Hsu, Che-Ming
Abstract
Water is an essential resource for all forms of life in the world. Facing various climate and social-economic challenges, the management of water-based resources becomes a significant issue nowadays. However, the inherent uncertainty of nature and hydrological processes could complicate the practices of efficient water resources management. Efficient risk sharing mechanism is critical for dealing with water shortages or flood. This study aims to investigate the concept and application of risk sharing mechanism of in water resources management. The study develops a conceptual model to discuss the risk taking behavior of two heterogeneous water-related stakeholders. Based on the theory of risk-sharing, the simulation was performed to know the outcome under uncertain situation. By examining premiums and losses of each water stakeholder, this study provide a better risk-based decision/policy making process. The study find answers to such kind of problems and provides a fair, reasonable, and beneficial solution between different agents. By this way, decision makers will able to enhance public welfare through the deliberate management of water resources.
Subjects
風險分攤
水資源分配
邊際分析
SDGs
Type
thesis
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ntu-103-R01521304-1.pdf
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