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SAMPLE UNCERTAINTY IN FLOOD LEVEE DESIGN: BAYESIAN VERSUS NON-BAYESIAN METHODS1
Authors:L. Duckstein,I. Bog  rdi,F. Szidarovszky,D. R. Davis
Affiliation:L. Duckstein,I. Bogárdi,F. Szidarovszky,D. R. Davis
Abstract:ABSTRACT: Bayesian and non-Bayesian flood levee design methods that account for the uncertainty due to limited record length are compared using a case study. The first method, Bayesian decision theory (BDT), imbeds the uncertainty in the parameters of the yearly peak stage into a loss function. The optimum design of the flood levee, called Bayes design, corresponds to the minimum expected loss, called Bayes risk. The second method, induced safety algorithm (ISA), computes a margin of safety to be added to either an existing levee or a levee designed by classical benefit-cost analysis. The design decision is shown to fluctuate as different record lengths are considered. For short record lengths, BDT, which takes small sample bias into account, appears to yield a more conservative design than ISA. On the other hand, ISA, which is simple to implement, seems to be preferable to BDT for longer record lengths.
Keywords:Bayesian methods  benefit-risk analysis  Bayesian decision theory  economic analysis  factor of safety  flood control  hydraulic structures  hydrology  levees  probability theory  sample uncertainty  water resources.
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