gsgs
(Registered User)
Tue Sep 09 2008 05:03 AM
Re: damage predictions

yes, looks similar to what I want.
What's TWC ?

They still need the windspeed-analysis, but only as a tool to predict damage.


BTW. why limit to 5 categories representing the windspeeds ?
Just give the speed. Or if folks can't remember their relations and significance,
extent it to fractions like Cat2.7 , see earthquakes.


I'd like several forecasters giving subjective expected damage predictions,
(expectation value,deviation) and an analysis who gives best predictions
as with the "competition" here with the several forecasters, forecasting-models.

And prediction-markets trading damage-contracts, with the opportunity to
"insure" by shorting damage-contracts. Well, there are catastrophe-bonds,
but only for big institutions

hmm... maybe I should start a different thread