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  3. Economic Value of Weather and Climate Forecasts
  • Cited by 143
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    • Publisher:
      Cambridge University Press
      Publication date:
      27 October 2009
      13 June 1997
      ISBN:
      9780511608278
      9780521434201
      9780521435710
      DOI:
      https://doi.org/10.1017/CBO9780511608278
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.472kg, 240 Pages
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.369kg, 240 Pages
      • Subjects:
      Atmospheric Science and Meteorology, Economics, Earth and Environmental Sciences, Natural Resource and Environmental Economics
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    • Selected: Digital
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    Subjects:
    Atmospheric Science and Meteorology, Economics, Earth and Environmental Sciences, Natural Resource and Environmental Economics
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    Book description

    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. Interdisciplinary in scope, it explores the meteorological, economic, psychological, and statistical aspects to weather prediction. The contributors 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 behaviour. Economic Value of Weather and Climate Forecasts seeks to determine the economic benefits of existing weather forecasting systems and the incremental benefits of improving these systems, and will be an interesting and essential reference for economists, statisticians, and meteorologists.

    Reviews

    "...this book has a strong, quantitative flavor oriented to statistical approaches and methods for verifying forecasts and for optimal forecast evaluation procedures. For those specializing in forecast evaluations with an economic decision-oriented flavor, this book will be very useful." Stanley A. Changnon, Bulletin of the American Meteorological Society

    "...this book contains a lot of highly useful, basic information and concepts, especially on forecast quality assessments, and points out ways to translate these assessments into `value' concepts." Elmar R. Reiter, Meteorology & Atmosphere Physics

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