Erfani, T;
Huskova, I;
Harou, JJ;
(2013)
Tracking trade transactions in water resource systems: A node- arc optimization formulation.
WATER RESOURCES RESEARCH
, 49
(5)
3038 - 3043.
10.1002/wrcr.20211.
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Abstract
[1] We formulate and apply a multicommodity network flow node-arc optimization model capable of tracking trade transactions in complex water resource systems. The model uses a simple node to node network connectivity matrix and does not require preprocessing of all possible flow paths in the network. We compare the proposed node-arc formulation with an existing arc-path (flow path) formulation and explain the advantages and difficulties of both approaches. We verify the proposed formulation model on a hypothetical water distribution network. Results indicate the arc-path model solves the problem with fewer constraints, but the proposed formulation allows using a simple network connectivity matrix which simplifies modeling large or complex networks. The proposed algorithm allows converting existing node-arc hydroeconomic models that broadly represent water trading to ones that also track individual supplier-receiver relationships (trade transactions).
Type: | Article |
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Title: | Tracking trade transactions in water resource systems: A node- arc optimization formulation |
Open access status: | An open access version is available from UCL Discovery |
DOI: | 10.1002/wrcr.20211 |
Publisher version: | http://dx.doi.org/10.1002/wrcr.20211 |
Additional information: | © 2013. American Geophysical Union. All Rights Reserved. Full text made available to UCL Discovery by kind permission of Wiley. |
Keywords: | water trading; multicommodity network optimization; hydroeconomic modeling; transaction costs; |
UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science > Dept of Civil, Environ and Geomatic Eng |
URI: | https://discovery.ucl.ac.uk/id/eprint/1388839 |
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