A Real Options Approach to the Design and Architecture of Water Supply Systems Using Innovative Water Technologies Under Uncertainty

  title={A Real Options Approach to the Design and Architecture of Water Supply Systems Using Innovative Water Technologies Under Uncertainty},
  author={Stephen X. Zhang and Vladan Babovic},
Water supply has become a priority for developed and developing nations of the world. Conventional water resources alone cannot meet the growing demand for water in urban cities. Management of the problem is amplified by uncertainty associated with different development strategies. Singapore has limited conventional water resources and progressively architects its water supply system through acquiring and sustaining multiple (alternative) water resources through innovative technologies. The… 


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