Flexible forecast value metric suitable for a wide range of decisions: application using probabilistic subseasonal streamflow forecasts

<p>Streamflow forecasts have the potential to improve water resource decision-making, but their economic value has not been widely evaluated, since current forecast value methods have critical limitations. The ubiquitous measure for forecast value, the relative economic value (REV) metric, is...

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Bibliographic Details
Main Authors: R. Laugesen, M. Thyer, D. McInerney, D. Kavetski
Format: Article
Language:English
Published: Copernicus Publications 2023-02-01
Series:Hydrology and Earth System Sciences
Online Access:https://hess.copernicus.org/articles/27/873/2023/hess-27-873-2023.pdf