Abstract: This paper investigates the relationship between the quality and value of forecast in the context of a generalized N-action, N-event model of the cost-loss ratio situation. The forecasts of interest are imperfect categorical ...

Abstract: A diagnostic approach to forecast verification is described and illustrated. This approach is based on a general framework for forecast verification. It is ?diagnostic? in the sense that it focuses on the fundamental ...

Abstract: In this paper we investigate the interrelationships between objective and subjective temperature forecasts. An information-content approach is adopted within the overall context of a general framework for forecast verification. ...