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Corrigendum: Integrating Behavioral Theories in Agent-Based Models for Agricultural Drought Risk Assessments

Research output: Contribution to JournalErratum / CorrigendumAcademic

Abstract

In the original article, there was an error. In equation (3) in section Behavioral Theories, Expected Utility Theory, the discount factor in the budget constraint was presented as (Formula presented.). The standard formula for the discount factor is however (Formula presented.). Theminus in the original article should be a plus. A correction has been made to Behavioral Theories, Expected Utility Theory, paragraph 3, Equation 3: (Formula presented.). The authors apologize for this error and state that this does not change the scientific conclusions of the article in any way. The original article has been updated.

Original languageEnglish
Article number789702
Number of pages1
JournalFrontiers in Water
Volume3
Issue numberNovember
Early online date24 Nov 2021
DOIs
Publication statusPublished - Nov 2021

Bibliographical note

Corrigendum: Integrating Behavioral Theories in Agent-Based Models for Agricultural Drought Risk Assessments (Front.Water, (2021), 3, (686329), DOI 10.3389/frwa.2021.686329).

Publisher Copyright:
Copyright © 2021 Schrieks, Botzen, Wens, Haer and Aerts.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 2 - Zero Hunger
    SDG 2 Zero Hunger
  2. SDG 17 - Partnerships for the Goals
    SDG 17 Partnerships for the Goals

Keywords

  • adaptation behavior
  • agent-based model (ABM)
  • behavioral theory
  • drought risk assessment
  • human decision-making
  • smallholder farmer

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