Comparison of Different Multi Criteria Decision-Making Models in Prioritizing Flood Management Alternatives

Nastaran Chitsaz () and Mohammad Banihabib ()

Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), 2015, vol. 29, issue 8, 2503-2525

Abstract: Recent increases in life loss, destruction and property damages caused by flood at global scale, have inevitably highlighted the pivotal considerations of sustainable development through flood risk management. Throughout the paper, a practical framework to prioritize the flood risk management alternatives for Gorganrood River in Iran was applied. Comparison between multi criteria decision making (MCDM) models with different computational mechanisms provided an opportunity to obtain the most conclusive model. Non-parametric stochastic tests, aggregation models and sensitivity analysis were employed to investigate the most suitable ranking model for the case study. The outcomes of these mentioned tools illustrated that ELimination and Et Choice Translating Reality (ELECTRE III), a non-compensatory model, stood superior to the others. Moreover, Eigen-vector’s performance for assigning weights to the criteria was proved by the application of Kendall Tau Correlation Coefficient Test. From the technical point of view, the highest priority among the criteria belonged to a social criteria named Expected Average Number of Casualties per year. Furthermore, an alternative with pre and post disaster effectiveness was determined as the top-rank measure. This alternative constituted flood insurance plus flood warning system. The present research illustrated that ELECTRE III could deal with the complexity of flood management criteria. Hence, this MCDM model would be an effective tool for dealing with complex prioritization issues. Copyright Springer Science+Business Media Dordrecht 2015

Keywords: Flood risk management; Decision making; Iran; Non-parametric stochastic tests; Aggregation methods; Sensitivity analysis (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1007/s11269-015-0954-6

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