Projects
| Title | Economic Value of Weather and Climate Forecasts |
| Type | Research Project |
| URL | www.isse.ucar.edu/HP_rick/esig.html |
| Abstract | The Case Studies: Economic Value of Weather and Climate Forecasts website, maintained by Richard Katz, is used to list recent case studies of the economic value of weather and climate forecasts which were not included in the book Economic Value of Weather and Climate Forecasts, and to maintain a dynamic source of information regarding this subject. The focus of the website is on published cased studies of specific decision-making problems, especially those in which a monetary estimate of forecast value is obtained. |
| Participants | Richard Katz |
| Start Date | 1998 |
| Funders | |
| Keywords | Decision Making Economic Value Forecast Use & Value Imperfect Information Risk Analysis Uncertainty Weather Forecasting |
| Research Themes | Assessment Methods, Products and Tools Climate-Ecosystem-Human Interactions |
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| "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." |
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