Water systems evolve through time, changing constantly due to physical pressures or as a result of how we manage them. Changing socio-economic conditions drastically increase the uncertainty associated with such changes, particularly with regards to the outcome of water resources management decisions. There is an increasing need for such uncertainties to be recognised and addressed by more adap...

Economic evaluations are increasingly conducted alongside randomised controlled trials, providing researchers with individual patient data to estimate cost effectiveness.However, randomised trials do not always provide a sufficient basis for economic evaluations used to inform regulatory and reimbursement decisions. For example, a single trial might not compare all the available options, provid...

Abstract. System dynamics modelling is one of the best scientific methods for modelling complex, nonlinear natural, economic and technical system dynamics as it enables both monitoring and assessment of the effects of intellectual capital on economic growth. Intellectual capital is defined as “the ability to transform knowledge and intangible assets into resources to create wealth for a company...

BACKGROUND The overarching goal of health policies is to maximize health and societal benefits. Economic evaluations can play a vital role in assessing whether or not such benefits occur. This paper reviews the application of modelling techniques in economic evaluations of drug and alcohol interventions with regard to (i) modelling paradigms themselves; (ii) perspectives of costs and benefits a...

Addressing environmental management problems at catchment scales requires an integrated modelling approach, in which key bio-physical and socio-economic drivers, processes and impacts are all considered. Development of Decision Support Systems (DSSs) for environmental management is rapidly progressing. This paper describes the integration of physical, ecological, and socio-economic components i...

The IWRAM Decision Support System was developed to consider economic, environmental, and sociocultural trade-offs involved with resource competition and development in the Mae Chaem catchment in Northern Thailand. IWRAM contains two modelling toolboxes utilising a nodal network structure for catchment analysis: a Biophysical Toolbox, for considering the biophysical (erosion, streamflow, crop) i...

1.1 In recent years more and more social scientists and in particular economists have been using simulation models. Without doubt numerical approaches—among them most outstanding agent-based approaches—offer a prolific way out of the tight corset which is determining modelling strategies so far for economists (e.g. Pyka and Fagiolo 2007). Accordingly, simulation techniques are applied almost en...

An integrated ecological-economic decision-making approach is developed to help local stakeholders decide on land use in rural areas where the conflict between natural resource protection and economic development is pressing. It consists of four methodological steps. In the first step the political options and alternatives for action regarding changes in the land-use pattern are specified in or...