Shrader, Jeffrey; Bakkensen, Laura; Lemoine, Derek - National Bureau of Economic Research - 2023
mortality events and weather forecasts for a twelve-year period in the U.S. Results show that erroneously mild forecasts …We provide the first revealed preference estimates of the benefits of routine weather forecasts. The benefits come from … how people use advance information to reduce mortality from heat and cold. Theoretically, more accurate forecasts reduce …