MARKET -LEVEL MEASURES OF THE VALUE OF WEATHER INFORMATION: CONCEPTUAL AND EMPIRICAL CONSIDERATIONS

Assuming risk-neutral producers with rational expectations, ex-ante market-level measures of the value of weather information to both consumers and producers are derived. Methods to obtain empirical estimates of these ex-ante measures from observed data are derived and discussed.


Issue Date:
Aug 04 1991
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/271191
Language:
English
Total Pages:
17




 Record created 2018-04-11, last modified 2020-10-28

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