Academic Journal
Predicting water allocation trade prices using a hybrid Artificial Neural Network-Bayesian modelling approach
| العنوان: | Predicting water allocation trade prices using a hybrid Artificial Neural Network-Bayesian modelling approach |
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| المؤلفون: | Nguyen-Ky, Tai, Mushtaq, Shahbaz, Loch, Adam, Reardon-Smith, Kate, An-Vo, Duc-Anh, Ngo-Cong, Duc, Tran-Cong, Thanh |
| بيانات النشر: | Elsevier |
| سنة النشر: | 2018 |
| المجموعة: | University of Southern Queensland: USQ ePrints |
| مصطلحات موضوعية: | water allocation prices, Artificial Neural Network model, Hybrid Artificial Neural Network-Bayesian model, water trade, price prediction |
| الوصف: | This paper proposes an integrated (hybrid) Artificial Neural Network-Bayesian (ANN-B) modelling approach to improve the accuracy of predicting seasonal water allocation prices in Australia’s Murry Irrigation Area, which is part of one of the world’s largest interconnected water markets. Three models (basic, intermediate and full), accommodating different levels of data availability, were considered. Data were analyzed using both ANN and hybrid ANN-B approaches. Using the ANN-B modelling approach, which can simulate complex and non-linear processes, water allocation prices were predicted with a high degree of accuracy (RBASIC = 0.93, RINTER. = 0.96 and RFULL = 0.99); this was a higher level of accuracy than realized using ANN. This approach can potentially be integrated with online data systems to predict water allocation prices, enable better water allocation trade decisions, and improve the productivity and profitability of irrigated agriculture. |
| نوع الوثيقة: | article in journal/newspaper |
| وصف الملف: | application/pdf |
| اللغة: | unknown |
| Relation: | https://research.usq.edu.au/download/1fa4e35e2f081ac51abda10e54b694aab46564a87f7de4ea7b460135885921fa/835220/Nguyen-Ky_Mushtaq_Loch_Reardon-Smith_An-Vo_Ngo-Cong_Tran-Cong_AV.pdf; https://doi.org/10.1016/j.jhydrol.2017.11.049; Nguyen-Ky, Tai, Mushtaq, Shahbaz, Loch, Adam, Reardon-Smith, Kate, An-Vo, Duc-Anh, Ngo-Cong, Duc and Tran-Cong, Thanh. 2018. "Predicting water allocation trade prices using a hybrid Artificial Neural Network-Bayesian modelling approach." Journal of Hydrology. 567, pp. 781-791. https://doi.org/10.1016/j.jhydrol.2017.11.049 |
| DOI: | 10.1016/j.jhydrol.2017.11.049 |
| الاتاحة: | https://research.usq.edu.au/item/q481z/predicting-water-allocation-trade-prices-using-a-hybrid-artificial-neural-network-bayesian-modelling-approach https://research.usq.edu.au/download/1fa4e35e2f081ac51abda10e54b694aab46564a87f7de4ea7b460135885921fa/835220/Nguyen-Ky_Mushtaq_Loch_Reardon-Smith_An-Vo_Ngo-Cong_Tran-Cong_AV.pdf https://doi.org/10.1016/j.jhydrol.2017.11.049 |
| رقم الانضمام: | edsbas.F49D3E02 |
| قاعدة البيانات: | BASE |
| DOI: | 10.1016/j.jhydrol.2017.11.049 |
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