How to evaluate a monitoring system for adaptive policies: criteria for signposts selection and their model-based evaluation

Adaptive policies have emerged as a valuable strategy for dealing with uncertainties by recognising the capacity of systems to adapt over time to new circumstances and surprises. The efficacy of adaptive policies hinges on detecting on-going change and ensuring that actions are indeed taken if and when necessary. This is operationalised by...

Balancing Costs and Benefits in Selecting New Information: Efficient Monitoring Using Deterministic Hydro-economic Models

Uncertainty reduces reliability and performance of water system operations. A decision-maker can take action, accepting the present uncertainty and facing its risks, or reduce uncertainty by first obtaining additional information. Information, however, comes at a cost. The decision-maker must therefore efficiently use his/her resources,...