Risk aversion based interval stochastic programming approach for agricultural water management under uncertainty

In this study, a risk aversion based interval stochastic programming (RAIS) method is proposed through integrating interval multistage stochastic programming and conditional value at risk (CVaR) measure for tackling uncertainties expressed as probability distributions and intervals within a multistage context. The RAIS method can reflect dynamic features of the system conditions through transactions at discrete points in time over the planning …