Valuing Climate Forecast InformationSource: Journal of Climate and Applied Meteorology:;1987:;Volume( 026 ):;Issue: 009::page 1080Author:Sonka, Steven T.
,
Mjelde, James W.
,
Lamb, Peter J.
,
Hollinger, Steven E.
,
Dixon, Bruce L.
DOI: 10.1175/1520-0450(1987)026<1080:VCFI>2.0.CO;2Publisher: 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 east central Illinois. These results indicate that the production process examined has sufficient flexibility to utilize climate forecasts for specific production seasons but the value of those forecasts is sensitive to economic parameters as well as forecasts characteristics. Forecasts periods of greatest importance, as well as the relationships between forecast value, accuracy, and lead time, are evaluated.
|
Collections
Show full item record
| contributor author | Sonka, Steven T. | |
| contributor author | Mjelde, James W. | |
| contributor author | Lamb, Peter J. | |
| contributor author | Hollinger, Steven E. | |
| contributor author | Dixon, Bruce L. | |
| date accessioned | 2017-06-09T14:01:55Z | |
| date available | 2017-06-09T14:01:55Z | |
| date copyright | 1987/09/01 | |
| date issued | 1987 | |
| identifier issn | 0733-3021 | |
| identifier other | ams-11217.pdf | |
| identifier uri | http://onlinelibrary.yabesh.ir/handle/yetl/4146421 | |
| description 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 east central Illinois. These results indicate that the production process examined has sufficient flexibility to utilize climate forecasts for specific production seasons but the value of those forecasts is sensitive to economic parameters as well as forecasts characteristics. Forecasts periods of greatest importance, as well as the relationships between forecast value, accuracy, and lead time, are evaluated. | |
| publisher | American Meteorological Society | |
| title | Valuing Climate Forecast Information | |
| type | Journal Paper | |
| journal volume | 26 | |
| journal issue | 9 | |
| journal title | Journal of Climate and Applied Meteorology | |
| identifier doi | 10.1175/1520-0450(1987)026<1080:VCFI>2.0.CO;2 | |
| journal fristpage | 1080 | |
| journal lastpage | 1091 | |
| tree | Journal of Climate and Applied Meteorology:;1987:;Volume( 026 ):;Issue: 009 | |
| contenttype | Fulltext |