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An Internet-Based Tool for Weather Risk Management
Calum G. Turvey, Michael Norton
Journal:

Agricultural and Resource Economics Review / Volume 37 / Issue 1 / April 2008

Published online by Cambridge University Press:

15 September 2016, pp. 63-78
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This paper introduces a web-based computer program designed to evaluate weather risk management 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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An Internet-Based Tool for Weather Risk Management