HIGHLIGHTS
- who: Jeroen C. J. H. Aerts et al. from the (UNIVERSITY) have published the Article: Dealing with Uncertainty in Flood Management Through Diversification, in the Journal: (JOURNAL)
- what: The paper shows a method based on Modern Portfolio Theory (MPT) that contributes to developing flood management strategies. This paper shows that through systematically combining four different flood protection measures in portfolios containing three or four measures; risk is reduced compared with portfolios that only contain one or two measures. The authors demonstrate how MPT encourages a systematic discussion of the relationship between the return and risk . . .
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