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Here's a question: What's the goal of forecasting? Economist Peter Donner and meteorologist Larry Dunn are both retired from their respective careers predicting the future, and they join Drew to share what they know about the intricacies of forecasting. It may sound dry, but the economic concepts of gain and loss, risk and reward shape good decision making in the backcountry. So, what's the goal of forecasting: accuracy or outcomes? How do you impact decision making--not to mention your reputation--with forecasts that overly cautious or not cautious enough? And how do you minimize risk when out on a tour?
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Here's a question: What's the goal of forecasting? Economist Peter Donner and meteorologist Larry Dunn are both retired from their respective careers predicting the future, and they join Drew to share what they know about the intricacies of forecasting. It may sound dry, but the economic concepts of gain and loss, risk and reward shape good decision making in the backcountry. So, what's the goal of forecasting: accuracy or outcomes? How do you impact decision making--not to mention your reputation--with forecasts that overly cautious or not cautious enough? And how do you minimize risk when out on a tour?
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