Economic Value of Weather and Climate Forecasts

Economic Value of Weather and Climate Forecasts

by Richard W. Katz
     
 

ISBN-10: 0521434203

ISBN-13: 9780521434201

Pub. Date: 11/28/2002

Publisher: Cambridge University Press

Weather and climate extremes can significantly impact the economics of a region. This book examines how weather and climate forecasts can be used to mitigate the impact of the weather on the economy. Chapters encompass forecasts over a wide range of temporal scales, from weather over the next few hours to the climate months or seasons ahead, and address the impact of…  See more details below

Overview

Weather and climate extremes can significantly impact the economics of a region. This book examines how weather and climate forecasts can be used to mitigate the impact of the weather on the economy. Chapters encompass forecasts over a wide range of temporal scales, from weather over the next few hours to the climate months or seasons ahead, and address the impact of these forecasts on human behavior. This book seeks to determine the economic benefits of existing weather forecasting systems and the incremental benefits of improving these systems, and will be an essential text for economists, statisticians, and meteorologists.

Product Details

ISBN-13:
9780521434201
Publisher:
Cambridge University Press
Publication date:
11/28/2002
Pages:
221
Product dimensions:
5.98(w) x 8.98(h) x 0.67(d)

Table of Contents

Preface
Contributors
1Weather prediction1
2Forecast verification19
3The value of weather information75
4Forecast value: prescriptive decision studies109
5Forecast value: descriptive decision studies147
6Forecast value: prototype decision-making models183
Index219

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