An Internet-Based Tool for Weather Risk Management

Calum Turvey and Michael T. Norton

Agricultural and Resource Economics Review, 2008, vol. 37, issue 01, 16

Abstract: This paper introduces a web-based computer program designed to evaluate weather risk man-agement and weather insurance in the United States. The paper outlines the economics of weather risk in terms of agricultural production and household well-being; defines weather risk in terms of intensity, duration, and frequency; and illustrates the computer program use by comparing heat and precipitation risks at Ardmore, Oklahoma, and Ithaca, New York.

Keywords: Risk; and; Uncertainty (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (2)

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Journal Article: An Internet-Based Tool for Weather Risk Management (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:arerjl:44739

DOI: 10.22004/ag.econ.44739

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