1994
DOI: 10.1061/(asce)0733-9496(1994)120:5(613)
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Water‐Supply Operations during Drought: Continuous Hedging Rule

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Cited by 145 publications
(71 citation statements)
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“…In previous studies, several types of water supply operation rules for guiding reservoir releases to meet planned demands have been suggested, such as the standard operating policy (SOP) [1,2], the linear decision rule (LDR) [3], the parametric rule [4], and diverse forms of hedging policy [5][6][7][8]. Among the operation rules mentioned above, the hedging policy can avoid one potential catastrophic deficit of large magnitude that may occur in future by allowing a sequence of smaller deficits in current periods [9] and has been widely applied for managing single reservoir water supply operations during drought periods [5,[8][9][10][11][12].…”
Section: Introductionmentioning
confidence: 99%
See 1 more Smart Citation
“…In previous studies, several types of water supply operation rules for guiding reservoir releases to meet planned demands have been suggested, such as the standard operating policy (SOP) [1,2], the linear decision rule (LDR) [3], the parametric rule [4], and diverse forms of hedging policy [5][6][7][8]. Among the operation rules mentioned above, the hedging policy can avoid one potential catastrophic deficit of large magnitude that may occur in future by allowing a sequence of smaller deficits in current periods [9] and has been widely applied for managing single reservoir water supply operations during drought periods [5,[8][9][10][11][12].…”
Section: Introductionmentioning
confidence: 99%
“…Among the operation rules mentioned above, the hedging policy can avoid one potential catastrophic deficit of large magnitude that may occur in future by allowing a sequence of smaller deficits in current periods [9] and has been widely applied for managing single reservoir water supply operations during drought periods [5,[8][9][10][11][12]. However, multireservoir systems with water supply tasks often have complex structures of more than one reservoir in series or parallel topologies and numerous parameter variables.…”
Section: Introductionmentioning
confidence: 99%
“…The effective operation of water-supply projects is a key point for mitigating regional drought disasters resulted from water-deficiency [1][2][3][4][5][6][7][8]. Hashimoto et al [8] and Shih et al [9] proposed the indexes of reliability, resilience and vulnerability which expressed reservoir operation performance during drought, and recognized that these indexes should form the risk assessment system for reservoir water-supply. The three indexes have been applied extensively into the researches on water resources planning and management since they were put forward, and the application of the performance index into planning design and operation simulation of reservoirs has gone through a process from simple description to complicated employment.…”
Section: Introductionmentioning
confidence: 99%
“…In all reservoirs, water can be either released for beneficial activities or retained in the reservoir for possible enhanced applications in the future. This simple criterion becomes extremely complex when future inflows are uncertain and economic benefits of released water are not deterministic and constant (Shih and ReVelle, 1994). In most cases, uncertainty is a significant factor in the decision-making process and considerable risks are involved in the decision policies.…”
Section: Introductionmentioning
confidence: 99%