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

Frances Antonovitz

No 271191, 1991 Annual Meeting, August 4-7, Manhattan, Kansas from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: 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.

Keywords: Environmental Economics and Policy; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 17
Date: 1991-08-04
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea91:271191

DOI: 10.22004/ag.econ.271191

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