January 6, 2021—A new article by Cadmus principal Richard Krop, Ph.D., published in the January 2021 issue of the journal Water, yields economic information that can be used to estimate the societal benefits of the U.S. Drought Monitor and help policymakers evaluate the Monitor in different sectors.
“Valuation of Drought Information: Understanding the Value of the US Drought Monitor in Land Management” presents the results of a NOAA-funded study Cadmus conducted with the University of Nebraska’s National Drought Mitigation Center. Krop conducted the study as part of a team that included co-authors Tingting Liu, Tonya Haigh, Kelly Helm Smith, and Mark Svoboda of the University of Nebraska. The study included interviews with people that use the Monitor as well as a survey of public health officials and of staff at the Bureau of Land Management.
The article can be accessed at https://www.mdpi.com/2073-4441/13/2/112.