I think you would like the conclusions from this paper - http://history.nasa.gov/sp4801-chapter13.pdf http://history.nasa.gov/sp4801-chapter13.pdf : > the val

I think you would like the conclusions from this paper - http://history.nasa.gov/sp4801-chapter13.pdf http://history.nasa.gov/sp4801-chapter13.pdf : > the value of weather and climate information itself has been shown to be relatively small as a percentage of the economy.[33] However, when dealing with weather and climate where each year billions of dollars of property is damaged and many lives are lost as a result of severe weather events, even a small improvement in predictive capability can add up to major savings.[34] Where [33] is "A good review of some of the economic issues in measuring the value of weather information can be found in Molly K. Macauley, “Some dimensions of the Value of Weather information: general principles and a taxonomy of empirical approaches,” http://sciencepolicy.Colorado.edu/socasp/weather1/macauley.html http://sciencepolicy.Colorado.edu/socasp/weather1/macauley.h... That affirms 'Most estimates of the value of [weather prediction] information suggest that it is not large as a percentage of final output.'