Valuing improved hurricane forecasts

C-Tier
Journal: Economics Letters
Year: 2011
Volume: 111
Issue: 1
Pages: 43-46

Authors (2)

Lazo, Jeffrey K. (not in RePEc) Waldman, Donald M. (University of Colorado)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The value to households of improved hurricane forecasts is estimated from a pilot survey using discrete choice econometric methods. Each household is willing to pay approximately $13 for improvements in forecast attributes such as landfall time and position, wind speed, and storm surge.

Technical Details

RePEc Handle
repec:eee:ecolet:v:111:y:2011:i:1:p:43-46
Journal Field
General
Author Count
2
Added to Database
2026-01-29