Abstract

Strategies for reducing flood risks and adapting urban systems involve estimating parameters and conducting difficult trade-offs among human, financial, and environmental issues, which are usually conflicting with each other. This way, multicriteria models are useful as they can aid risk-based decision-making by dealing with all these aspects simultaneously, while the decision-maker (DM) exerts a great influence when establishing his/her preferences. However, this problem is usually associated with uncertainties about defining the variables required, and these certainly affect the credibility of the decision. Hence, sensitivity analysis (SA) is a powerful tool for assessing how changes in these variables lead to robust results. In this context, this paper compiles a SA protocol and this includes using a Monte Carlo Simulation in a multicriteria decision model. It aims to prioritize flood risks in urban areas under climate effects. The model quantifies the risk by using Multi-Attribute Utility Theory and aggregates five criteria: accessibility to public services, economic, human, sanitary conditions, and the need for social assistance. By undertaking a critical analysis, the SA links risk and uncertainty so as to deal with climate risks adequately. It simulates the behavior of three groups of input data: climatic variability, exposure to risk, and the DM's preference statements. Our findings explore graphical and statistical tools to provide the DM with a broad range of evidence with the potential to increase confidence in his/her own decisions. Also, innovative insights emerged from conducting this study which leads us to making suggestions for new improvements in the multicriteria model.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.