Plant profit maximisation improves predictions of European forest responses to drought

- Knowledge of how water stress impacts the carbon and water cycles is a key uncertainty in terrestrial biosphere models. - We tested a new profit maximisation model, where photosynthetic uptake of CO2 is optimally traded against plant hydraulic function, as an alternative to the empirical functions commonly used in models to regulate gas exchange during periods of water stress. We conducted a multi-site evaluation of this model at the ecosystem scale, before and during major droughts in Europe. Additionally, we asked whether the maximum hydraulic conductance in the soil-plant continuum