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Significant investments are directed toward improving the accuracy
and early availability of forecasts. However, the value of
longer lead times on forecasts is unclear. Using data on winter
weather advisories and vehicle crashes in the US, I show that
advisories with longer lead times reduce crashes, even when they
are less accurate than advisories with shorter lead times. Further,
marginal benefits do not decrease with lead time. The benefits come
from individual and institutional responses. When advisories arrive
earlier, people visit fewer places, and snowplow crews intensify
the road maintenance operations. These results have policy implications
for providing effective forecasts.