The Value of Enso Information to Agriculture: Consideration of Event Strength and Trade
The agricultural value of El Nino-Southern Oscillation (ENSO) phase knowledge is measured in a value-of-information framework using economic models. We examine the value of considering the full distribution of ENSO phase strength effects as opposed to average ENSO phase strength effects, as well as...
Main Authors: | Chi-Chung Chen, Bruce A. McCarl |
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Format: | Article |
Language: | English |
Published: |
Western Agricultural Economics Association
2000-12-01
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Series: | Journal of Agricultural and Resource Economics |
Subjects: | |
Online Access: | https://ageconsearch.umn.edu/record/30887 |
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