Monday Jul 30, 2007

Is it safe to go out?

As an occasional sailor, the weather forecast is important to me and I have experimented with various ways, short of looking out the window as to how to get an accurate forecast. I have just updated my South Coast Travel public google map to include placemarks with links to the BBC and Met. Office weather reports. I am disappointed that google have no obvious weather icon and that the i icon is available in only one colour.

Also I'm grateful to Alec Muffett for showing me the current BBC local pages, which are really rather good. As usual with my blog, hover or click to view it.

I did poke around the Google maps API pages and may take this further so that I can incorporate the page into http://www.davelevy.info.

Otherwise its screen shot and link to the Google Maps URL, like this.

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Thursday Jun 15, 2006

Derivative Trading or Gambling

I also discovered that Enron experimented with trading in weather and I'm not sure what they did, but its reminiscent of some ideas expressed in James Surowiecki's "Wisdom of Crowds" where he explored the remarkable prescience of the University of Iowa's Electronic Markets for the prediction of political events, most obviously elections but also other political futures. (I read somewhere, during the last {UK} general election, that the most effective forecast for the result was the bookmaker's odds, this must be very disappointing to the polling organisations, but it seems a financial interest sharpens the mind.) Its also a fact that if you want to trade in weather, at least in the UK you have to go to Ladbrokes to bet on snow at Xmas.

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