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The Economics of Weather Modification: A Review and Suggestions for Future Economic Analysis
Publisher: American Meteorological Society
Abstract: The article is a review of existing studies relating to the economics of weather modification. Five types of weather modification activities are considered: precipitation augmentation, lightning suppression, fog suppression, ...
A Methodology to Estimate the Value of Weather Modification Projects: An Illustration for Hail Suppression
Publisher: American Meteorological Society
Abstract: A methodology to estimate the potential value of proposed weather modification projects is described. An illustration of the technique is given to evaluate a hypothetical hail suppression project. This methodology requires ...
Assessing Climate Information Use in Agribusiness. Part I: Actual and Potential Use and Impediments to Usage
Publisher: American Meteorological Society
Abstract: A project for the development of methodology to enable agribusiness decision makers to utilize more effectively climate information involved investigation of three agribusiness firms, as well as measurement of their actual ...
Assessing Climate Information Use in Agribusiness. Part II: Decision Experiments to Estimate Economic Value
Publisher: American Meteorological Society
Abstract: Difficulty in evaluating the economic effectiveness of climate information is a significant impediment to expanding the use of that information. An innovative approach, combining a decision experiment and an empirical ...
Can Climate Forecasts for the Growing Season be Valuable to Crop Producers: Some General Considerations and an Illinois Pilot Study
Publisher: American Meteorological Society
Abstract: A three-step process is proposed to be most efficient for generating skillful climate forecasts which could reduce the adverse socioeconomic effects of climatic variability. These steps involve identifying weather-sensitive ...
Valuing Climate Forecast Information
Publisher: American Meteorological Society
Abstract: The article describes research opportunities associated with evaluating the characteristics of climate forecasts in settings where sequential decisions are made. Illustrative results are provided for corn production in ...
An Economic Analysis of Hail Suppression
Publisher: American Meteorological Society
Abstract: The article summarizes an evaluation of the potential economic impacts of two levels of hail suppression technology on crop production in the United States in 1985 and 1995. Analyses are described which consider economic ...
Characteristics of Climate Forecast Quality: implications for Economic Value to Midwestern Corn Producers
Publisher: American Meteorological Society
Abstract: Using a conceptual forecasting format that is similar to some in current operational use, trade-offs between climate forecast quality and economic value are examined from the perspective of the forecast user. Various ...