Robust optimization using a variety of performance indices

Document Type

Conference Proceeding

Publication Date

8-2-2010

Abstract

The term "robust optimization" is quite popular, and the descriptor "robust" so commonly applied in the water resources literature that its specific meaning, and its implications for model results, have become elusive. We here provide a brief summary of the applications of robust optimization to water resources planning and management problems in the past 15 years. We describe and demonstrate concerns regarding Mulvey et al.'s (1995) multi-objective approach to robust optimization. We evaluate the idea of minimization of the expected costs as the primary design criterion by contrasting solutions to a simple robust optimization problem in terms of common performance measures, including reliability, vulnerability, and sustainability. © 2010 ASCE.

Publication Title

World Environmental and Water Resources Congress 2010: Challenges of Change - Proceedings of the World Environmental and Water Resources Congress 2010

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