83rd Annual

Joint Session 2: Weather Derivatives and the Value of Forecasts(Joint with the Symposium on Impacts of Water Variability: Benefits and Challenges and 14th Symposium on Global Change and Climate Variations)

Thursday, 13 February 2003: 8:30 AM-9:45 AM
Organizer:  Jeff Shorter, Weather Services International
  8:30 AM
Assessing and quantifying the economic benefits of improved weather and climate forecasts
Rodney F. Weiher, NOAA/U.S. Department of Commerce, Washington, DC

  8:45 AM
Blending Climatology and Forecasts to Compete in the Weather Market
Jeff Shorter, WSI, Billerica, MA; and R. J. Boucher

  9:00 AM
  9:15 AM
The weather risk market: a growing consumer of climatology and seasonal forecasts
Robert S. Dischel, Weather Market Observer, New York, NY

  9:30 AM
What Are Weather Forecasts Worth?
Jeffrey K. Lazo, Stratus Consulting Inc., Boulder, CO