Hydro-economic models: Concepts, design, applications, and future prospects
Author: Harou et al., University College London (2009)
Geography: Global
Level of Detail: Decision support tool
Availability: Paywall
Water Management Strategies: Water Conservation and Efficiency
Specific Benefits or Trade-offs: Demand changes, Water Supply
Hydro-economic models: Concepts, design, applications, and future prospects discusses the role of economic valuation in water demand. The paper analyzed over 80 hydro-economic models to evaluate the ability of current models to include spatial and temporal components of water systems. This allows water managers to determine the value in decreasing system inefficiencies.