Information Risks in Water Resources Management of a Region

Olga Chernova

Upravlenets, 2018, vol. 9, issue 5, 40-47

Abstract: The article examines the role of the information factor in solving problems of effective management of water complex in a region (WCR). The purpose of the paper is to identify information risks and the factors affecting these risks. The methodology for studying the essence of information risk is premised on the basic provisions of water conservation theory, as well as general systems theory. The author considers information risk assessment from the standpoint of researching an information flow management mechanism. The method of the study is an iterative approach with an emphasis on the risks caused by the inefficient functioning of the organisational and management mechanism of the water complex, which results in the emergence of information asymmetry between its subjects. To assess risks, we propose to use an expert method. The paper proves that the information component is present in all the factors that generate risks in the functioning of the WCR. The emergence of the information risk is associated with the inefficiency of the used information and organisational interaction mechanisms of water management entities and the inconsistency of their joint actions in the elimination of failures in the work of the water complex. We establish the main avenues for reducing information risks in the WCR management. Accounting for information risks in the WCR management will contribute to the formation of a rational water consumption system in favour of the regional economy development and ensuring an increase in the quality and standard of living.

Keywords: INFORMATION RISK; RISK MANAGEMENT; INFORMATION FLOW; WATER MANAGEMENT COMPLEX OF A REGION; REGIONAL STRATEGY (search for similar items in EconPapers)
JEL-codes: D82 Q25 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://upravlenets.usue.ru/images/75/4.pdf (application/pdf)
http://upravlenets.usue.ru/en/-2018/514 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:url:upravl:v:9:y:2018:i:5:p:40-47

DOI: 10.29141/2073-1019-2018-9-5-4

Access Statistics for this article

Upravlenets is currently edited by Yulia S. Bausova

More articles in Upravlenets from Ural State University of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Victor Blaginin ().