Risk Aversion Based Inexact Stochastic Dynamic Programming Approach for Water Resources Management Planning under Uncertainty

In this study, a dual interval robust stochastic dynamic programming (DIRSDP) method is developed for planning water resources management systems under uncertainty. As an extension of the existing interval stochastic dynamic programming (ISDP) method, DIRSDP can deal with two-stage stochastic programming (TSP)-based planning problems associated with dynamic features, input uncertainties, and multistage concerns. Compared with other optimization …