2018
DOI: 10.1016/j.agee.2018.07.008
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Economic value of environmental and weather information for agricultural decisions – A case study for Oklahoma Mesonet

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Cited by 14 publications
(9 citation statements)
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“…There is a benefit estimate of $207 million yr 21 relative to no radar coverage at all for nontornadic storms. Accounting for and measuring the economic value of information, however, is a very challenging task (Ziolkowska 2018). The most effective method to estimate economic value depends on the type of information decision-makers need, the information and expertise available, and the relevance to different groups} information users, decision-makers, and advisors (Lawson 2019;Ziolkowska 2018).…”
Section: Discussionmentioning
confidence: 99%
“…There is a benefit estimate of $207 million yr 21 relative to no radar coverage at all for nontornadic storms. Accounting for and measuring the economic value of information, however, is a very challenging task (Ziolkowska 2018). The most effective method to estimate economic value depends on the type of information decision-makers need, the information and expertise available, and the relevance to different groups} information users, decision-makers, and advisors (Lawson 2019;Ziolkowska 2018).…”
Section: Discussionmentioning
confidence: 99%
“…Commercial farmers tend to be more responsive to new information and technology. Thus, improving their access to technology will further improve their farming productivity [70,71].…”
mentioning
confidence: 99%
“…Commercial farmer tend to be more responsive to new information and technology. Thus, improving their access to technology will further improve their farming productivity [43,44].…”
Section: Policy Implicationsmentioning
confidence: 99%