Moving beyond the cost–loss ratio: economic assessment of streamflow forecasts for a risk-averse decision maker
A large effort has been made over the past 10 years to promote the operational use of probabilistic or ensemble streamflow forecasts. Numerous studies have shown that ensemble forecasts are of higher quality than deterministic ones. Many studies also conclude that decisions based on ensemble rat...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Copernicus Publications
2017-06-01
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Series: | Hydrology and Earth System Sciences |
Online Access: | http://www.hydrol-earth-syst-sci.net/21/2967/2017/hess-21-2967-2017.pdf |