An Internet-Based Tool for Weather Risk Management

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.

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Year of publication:	2008
Authors:	Turvey, Calum G. ; Norton, Michael T.
Published in:	Agricultural and Resource Economics Review. - Northeastern Agricultural and Resource Economics Association - NAREA. - Vol. 37.2008, 1
Publisher:	Northeastern Agricultural and Resource Economics Association - NAREA
Subject:	weather insurance \| heat insurance \| precipitation insurance \| crop insurance \| weather derivatives \| Risk and Uncertainty

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005220360