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Economic Value of Weather and Climate Forecasts
Abstract
Weather and climate extremes can significantly impact the economics of a region. This book examines how weather and climate forecasts can be used to mitigate the impact of the weather on the economy. Interdisciplinary in scope, it explores the meteorological, economic, psychological, and statistical aspects to weather prediction. The contributors encompass forecasts over a wide range of temporal scales, from weather over the next few hours to the climate months or seasons ahead, and address the impact of these forecasts on human behaviour. Economic Value of Weather and Climate Forecasts seeks to determine the economic benefits of existing weather forecasting systems and the incremental benefits of improving these systems, and will be an interesting and essential reference for economists, statisticians, and meteorologists.
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Citations
Cited by
Vaughan, C., & Dessai, S. (2014) · WIREs Climate Change · doi:10.1002/wcc.290 · Cited by 526
Skill and relative economic value of the ECMWF ensemble prediction system
Richardson, D. S. (2000) · Quarterly Journal of the Royal Meteorological Society · doi:10.1002/qj.49712656313 · Cited by 477
Probabilistic weather forecasting with machine learning
Price, I., Sanchez-Gonzalez, A., Alet, F., Andersson, T. R., El-Kadi, A., Masters, D., Ewalds, T., Stott, J., Mohamed, S., Battaglia, P., et al. (2025) · Nature · doi:10.1038/s41586-024-08252-9 · Cited by 434
Patt, A., & Gwata, C. (2002) · Global Environmental Change · doi:10.1016/s0959-3780(02)00013-4 · Cited by 323
Forecast verification: Current status and future directions
Casati, B., Wilson, L. J., Stephenson, D. B., Nurmi, P., Ghelli, A., Pocernich, M., Damrath, U., Ebert, E. E., Brown, B. G., & Mason, S. (2008) · Meteorological Applications · doi:10.1002/met.52 · Cited by 306
Metadata
- Venue
- Cambridge University Press eBooks
- Publisher
- Cambridge University Press
- Published
- 1997-06-13
- OpenAlex
- W2625061466
- Cited by
- 176
- References
- 0
- FWCI
- 3.75
- Type
- book
- Language
- en
- Open access
- closed
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Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
