the accuracy of their forecasts. In this paper, we estimate the economic impacts of the official hurricane forecasts in …-landfall federal protective expenditures exponentially increase with the forecast wind speed and with the degree of uncertainty about … to establish the social value of improving hurricane forecasts. On the margin, the value of hurricane information is …

is comparable to numeric models used in policy advising. Uncertainty surrounding climate change remains large. The closed …-form expressions of welfare loss from shocks and epistemological uncertainty identify the interaction of (intertemporal) risk attitude …, distributional moments, and the climatic shadow values. Welfare gains from reducing uncertainty about temperature feedbacks are much …