Inexact Mathematical Modeling for the Identification of Water Trading Policy under Uncertainty

In this study, a two-stage inexact credibility-constrained programming (TICP) method is developed for identifying the efficiency of water trading under multiple uncertainties. TICP can tackle uncertainties expressed as probabilistic distributions, discrete intervals and fuzzy sets. It can also provide an effective linkage between the benefits to the system and the associated economic penalties attributed to the violation of the predefined …