Nice little read: http://www.economist.com/news/business-and-finance/21704592-quality-wave...
Here's a link to the paper.. I'll check it out.
"The wave data is compiled using Python from the website www.wannasurf.com. WannaSurf
is an online database of surf spots recording their location.... The data on the website is crowd-sourced (like Wikipedia) from a community of 78,000...." OUCH!
Wow, all credibility vanishes instantaneously.
Ahhhhh. I understood it as 'what waves are worth' i.e a dollar a wave. Now that im here i wonder if we could tread off topic and perhaps explore the title as i read it haha.
There have been days that i have had off say due to rain and ive enjoyed good waves just at my local. As a sub contractor im not paid for rain days but was i happy with trade off? Yes. Which in turn makes me wonder, if was happy to sacrifice a days wage for waves just a my local aka mediocre, what price would i be willing to pay for half a dozen perfect waves?
I'd pay a fair bit for an empty hour long session at quiet a few waves..