A Case Study in the Economics of Information and Coordination the Weather Forecasting System

Richard Nelson and Sidney Winter ()

The Quarterly Journal of Economics, 1964, vol. 78, issue 3, 420-441

Abstract: Introduction, 420. — I. The general framework, 422. — II. The use of weather information, 425. — III. The making of forecasts: optimal information structures, 431. — IV. Other problems of cost, 436.

Date: 1964
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