2020
DOI: 10.3390/w12061559
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Hydro-Economic Modelling for Water-Policy Assessment Under Climate Change at a River Basin Scale: A Review

Abstract: Hydro-economic models (HEMs) constitute useful instruments to assess water-resource management and inform water policy. In the last decade, HEMs have achieved significant advances regarding the assessment of the impacts of water-policy instruments at a river basin or catchment level in the context of climate change (CC). This paper offers an overview of the alternative approaches used in river-basin hydro-economic modelling to address water-resource management issues and CC during the past decade. Additionally… Show more

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Cited by 33 publications
(19 citation statements)
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“…Several very recent works in 2020 alone from many places internationally have looked at climate adaptation challenges (Alamanos et al, 2020;Baah-Kumi and Ward, 2020;Burek et al, 2020;Carolus et al, 2020;Dawoud, 2020;Do et al, 2020;Exposito et al, 2020;Goncalves et al, 2020;Graveline, 2020;Konapala and Mishra, 2020;Maneta et al, 2020;Meng et al, 2020;Pakhtigian et al, 2020;Sabbaghi et al, 2020;Slater et al, 2020;Tran et al, 2020;Turner et al, 2020).…”
Section: Who and Where: Model Developers And Locations Of Usementioning
confidence: 99%
“…Several very recent works in 2020 alone from many places internationally have looked at climate adaptation challenges (Alamanos et al, 2020;Baah-Kumi and Ward, 2020;Burek et al, 2020;Carolus et al, 2020;Dawoud, 2020;Do et al, 2020;Exposito et al, 2020;Goncalves et al, 2020;Graveline, 2020;Konapala and Mishra, 2020;Maneta et al, 2020;Meng et al, 2020;Pakhtigian et al, 2020;Sabbaghi et al, 2020;Slater et al, 2020;Tran et al, 2020;Turner et al, 2020).…”
Section: Who and Where: Model Developers And Locations Of Usementioning
confidence: 99%
“…For a review of surface irrigation models see Valipour et al (2015). The coupling of agro-hydrological models with economic models is addressed by Expósito et al (2020). This article does not cover the broad field of coupling hydrological and agricultural models, for which Kanda et al (2018) and Siad et al (2019) provided reviews.…”
Section: Accepted Articlementioning
confidence: 99%
“…The authors quantified the tradeoffs between hydropower, irrigation, and fisheries under different operation and hydrological conditions, with a scenario-based approach, which is limited in capturing the broad spectrum of hydrological uncertainty. Finally, a review of the hydro-economic modeling for water-policy assessment [33] highlights that while most hydro-economic models assume perfect foresight, water managers cannot perfectly predict water availability and must deal with risks in decision-making.…”
Section: Introductionmentioning
confidence: 99%
“…Considering the presented knowledge gaps, this paper brings in a contribution to the evaluation of water-energy-food nexus tradeoffs with a combination of (a) dynamic accounting of water flows and marginal water use values (varying in space and time) and (b) reliability analysis through a state-of-the-art explicit stochastic optimization model to account for hydrologic uncertainties. This addresses previous limitations as the deterministic, perfect foresight in [31], the scenario-based approach in [32], the decision-making risks in [33], and the constant willingness-to-pay for water in [48].…”
Section: Introductionmentioning
confidence: 99%