Value of Weather Information in Market Equilibrium (The)

Bruce Babcock

Staff General Research Papers Archive from Iowa State University, Department of Economics

Abstract: Examines how the value of weather information is changed with improvements in the accuracy of forecasts when farmers act noncooperatively. Description of a stylized model of competitive production with rational expectations; Effects of increase in forecast accuracy; Changes in the value of information; Changes in input use; Changes in expected supply.

Date: 1990-01-01
References: Add references at CitEc
Citations: View citations in EconPapers (25)

Published in American Journal of Agricultural Economics, January 1990, vol. 72 no. 1, pp. 63-72

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: The Value of Weather Information in Market Equilibrium (1990)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:isu:genres:10592

Access Statistics for this paper

More papers in Staff General Research Papers Archive from Iowa State University, Department of Economics Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070. Contact information at EDIRC.
Bibliographic data for series maintained by Curtis Balmer ().