Economic value of weather forecasting: the role of risk aversion

DOI10.1007/S11750-009-0114-3zbMath1219.91115OpenAlexW2078851696MaRDI QIDQ636013

Sonia Quiroga Gómez, Emilio Cerdá Tena

Publication date: 25 August 2011

Published in: Top (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11750-009-0114-3

zbMATH Keywords

risk aversioninformation valuedecision modelscost-loss ratio

Mathematics Subject Classification ID

Mathematical economics (91B99) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Cites Work

• An MCDM analysis of agricultural risk aversion.
• Rejecting small gambles under expected utility

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