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Title Economic Approach to Evaluating the Level of Public Investment in Observations for Weather Forecasting
Type Research Project
URL no url available
Abstract Observations of the current state of the atmosphere are a major input to production of modern weather forecasts. As a result, investments in observations are a major component of public expenditures related to weather forecasting. Consequently, from both a meteorological and societal perspective, it is desirable to select an appropriate level of public investment in observations. Although the meteorological community has discussed optimal investment in observations for more than three decades, it still lacks a practical, systematic framework for analyzing this issue. This project develops the basic elements of such a framework, using an economic approach. The framework is then demonstrated using an example for radiosonde observations and numerical weather forecasts. In presenting and demonstrating the framework, the project also identifies gaps in existing knowledge that must be addressed before a more complete economic evaluation of investment in observations can be implemented.
Participants Rebecca Morss
Kathleen Miller
Start Date
Funders
Keywords economic applications
atmospheric science
public policy interface
economics of observing systems
Research Themes Use of Scientific Information in Decision Processes

 

"Because the pathway to sustainability cannot be charted in advance, it will have to be navigated through trial and error and conscious experimentation. The urgent need is to design strategies and institutions that can better integrate incomplete knowledge with experimental action into programs of adaptive management and social learning."
NRC, Our Common Journey (1999)