Economic Value of Weather and Climate Forecasts Review

Average Reviews:

(More customer reviews)Are you looking to buy Economic Value of Weather and Climate Forecasts? Here is the right place to find the great deals. we can offer discounts of up to 90% on Economic Value of Weather and Climate Forecasts. Check out the link below:

>> Click Here to See Compare Prices and Get the Best Offers

Economic Value of Weather and Climate Forecasts ReviewThe book represents the best reference for "distributions oriented" verification of probabilistic forecasts. Developed and described in the context of meteorological forecasts, the DO paradigm is robust, and has ubiquitous applications, when one recognizes that EVERY forecast is inherently based on a conditional probability distribution.
The focus on meteorological forecasts does not make applications in other disciplines transparent, in a tutorial way, but anyone who thinks rigorously about the "quality" of forecasts will make the connection. An essential, and universal concept demonstrated from meteorology is the realization of "quality-value reversals" in which forecasts with higher "quality" (quantified by traditional error measures such as correlation or RMS error) have lower "value" in terms of net benefit of the forecast when used in a specific decision making context. This fundamental concept is well extablished in other fields with high-stakes forecast-based decisions (, e.g. medical decision making) and should be fundamental to any development/evaluation of forecasts (meteorologiical or otherwise).Economic Value of Weather and Climate Forecasts OverviewWeather 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 of weather prediction. Chapters by area specialists provide a comprehensive view of this timely topic.They 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 behavior. 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 text for economists, statisticians, and meteorologists.

Want to learn more information about Economic Value of Weather and Climate Forecasts?

>> Click Here to See All Customer Reviews & Ratings Now