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In: American Journal of Agricultural Economics, Band 101, Heft 1, S. 193-210
SSRN
In: International Geology Review, Band 43, Heft 5, S. 424-440
In: Environmental management: an international journal for decision makers, scientists, and environmental auditors, Band 49, Heft 2, S. 502-515
ISSN: 1432-1009
In: Weather, climate & society, Band 10, Heft 1, S. 187-203
ISSN: 1948-8335
Abstract
A decision framework is developed for quantifying the economic value of information (VOI) from the Gravity Recovery and Climate Experiment (GRACE) satellite mission for drought monitoring, with a focus on the potential contributions of groundwater storage and soil moisture measurements from the GRACE data assimilation (GRACE-DA) system. The study consists of (i) the development of a conceptual framework to evaluate the socioeconomic value of GRACE-DA as a contributing source of information to drought monitoring; (ii) structured listening sessions to understand the needs of stakeholders who are affected by drought monitoring; (iii) econometric analysis based on the conceptual framework that characterizes the contribution of GRACE-DA to the U.S. Drought Monitor (USDM) in capturing the effects of drought on the agricultural sector; and (iv) a demonstration of how the improved characterization of drought conditions may influence decisions made in a real-world drought disaster assistance program. Results show that GRACE-DA has the potential to lower the uncertainty associated with the understanding of drought and that this improved understanding has the potential to change policy decisions that lead to tangible societal benefits.
In: Circular 1442
"The Multi-Resource Analysis (MRA) is conceived as a next-generation suite of analytical products that informs land use and resource management decisions. The MRA builds on the wealth of geologic, hydrologic, biologic, and social/cultural resource assessments produced by the U.S. Geological Survey and others to provide public-sector resource managers and other decision makers with integrated science products and landscape-scale perspectives." - Provided by publisher