Measuring Weather Risk
The Case of Winter Tourism in Austria
by Christoph Toglhofer, edited by Franz Prettenthaler
Paperback (Published)
(December 2011)
ISBN: 9783700171522
Price: $33.00
On back order
Weather affects many economic sectors, in particular sectors like agriculture, energy, construction and tourism. While this is well known to those facing losses, it is generally difficult to measure this weather risk at appropriate temporal and spatial scales and make it comparable. In this book a unique framework for assessing non-catastrophic weather risk is presented and applied to the example of the winter tourism industry in Austria. Weather risk is expressed as Value at Risk(weather), in short VaR(weather), which corresponds to the maximum loss from adverese weather conditions that is not exceeded with a given probability level over a given period of time, for example a 1 in 20 year event.
- By (author) Christoph Toglhofer
- Edited by Franz Prettenthaler
Other Titles in this Series
Demography and climate change
The Growing Number of People and its Consequences for Ecology, Social Redistribution Systems and Urban Living
Volume 10
Weinbau und Klimawandel
Erste Analysen aus Osterreich und fuhrenden internationalen Weinbaugebieten
Volume 9
Similar Books
Diagnostic Techniques in Public Health
Analytical and Chemometric Approaches in Disease Detection and Management
European Review of Service Economics and Management
De nouveaux horizons pour l’innovation dans les services ? IA, inclusion et responsabilité
Volume 21
Friedlicher Handel oder umkämpfte Geschäfte?
Handel und Handelsrecht in der Vormoderne zwischen Krieg und Frieden
Global Gulf
Geo-Economic, Geo-Political, and Geo-Technological Transformation in Saudi Arabia, the United Arab Emirates, and Qatar
Invisible Labour in Antiquity
Visualizing Obscure Work in the Ancient Mediterannean and West Asia
Volume 1
Medicinal Chemistry of Plant-Derived Natural Products
A Chemical Exploration of Plants as a Source of Modern Drugs
