At the 2017 scientific assembly in Port Elizabeth (South Africa) I gave a perspective talk titled "Should we reconsider the conceptual structure of hydrological models?". My presentation is a bit provocative and focuses on stochastic physically-based modeling of hydrological processes. It also presents the concept of stochastic catchment area as a stochastic control volume for applying balance equation in hydrology.
The contribution is inspired by the Montanari & Koutsoyiannis (2012) paper on Water Resources Research.
The talk triggered a long discussion at the end, unfortunately I do not have any video of presentation and discussion.
Thanks for your interest.
Alberto
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