Economic Gains From Storm Warnings
Two Florida Case Studies
ResearchPublished 1962
A discussion of the economic gains expected from improvements in locating and tracking tropical storms that should be one result of routine observations from meteorological satellites. Two cases are studied: the City of Miami and the Florida Power and Light Company. Improved tracking of tropical storms should yield information of substantial economic value if it is used correctly. It also appears that the economic gains derivable from existing weather information are not always realized. These conclusions suggest the possibility that better weather information and improved forecasts might induce firms to capture not only additional economic gains, but also those that are already realizable.
Topics
Document Details
- Copyright: RAND Corporation
- Availability: Available
- Year: 1962
- Print Format: Paperback
- Paperback Pages: 54
- Paperback Price: $23.00
- Document Number: RM-3168-NASA
Citation
RAND Style Manual
Chicago Manual of Style
Demsetz, Harold, Economic Gains From Storm Warnings: Two Florida Case Studies, RAND Corporation, RM-3168-NASA, 1962. As of September 24, 2024: https://www.rand.org/pubs/research_memoranda/RM3168.html
Demsetz, Harold, Economic Gains From Storm Warnings: Two Florida Case Studies. Santa Monica, CA: RAND Corporation, 1962. https://www.rand.org/pubs/research_memoranda/RM3168.html. Also available in print form.
This publication is part of the RAND research memorandum series. The research memorandum series, a product of RAND from 1948 to 1973, included working papers meant to report current results of RAND research to appropriate audiences.
This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.
RAND is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.