Research Article
Dec 1970
Optimal Allocation of Stochastic Water Supply
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VIEW THE REPLYAuthors: Warren A. Hall, M.ASCE, and David T. HowellAuthor Affiliations
Publication: Journal of the Irrigation and Drainage Division
Volume 96, Issue 4
Abstract
The optimal allocation of a stochastic water supply has proved to be an extremely complex problem because of the effects of risk on certain high-value production alternatives involving high investments and deferred returns, e.g., perennial crops requiring 5 to 10 years to reach full production. It is shown that by allocating the degree of assurance of supply rather than water itself as a primary resource, followed by water allocation within each level of assurance, the allocation becomes quite tractable.
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Published In
Journal of the Irrigation and Drainage Division
Volume 96 • Issue 4 • December 1970
Pages: 395 - 402
Copyright
© 1970 American Society of Civil Engineers.
History
Published in print: Dec 1970
Published online: Feb 11, 2021
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Affiliations
Warren A. Hall, M.ASCE
Director, Dry-Lands Research Institute, Univ. of Calif., Riverside, Calif
David T. Howell
School of Civil Engr., Univ. of New South Wales, Kensington, N.S.W.
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Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
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