Weather Derivatives Modeling and Pricing Weather-Related Risk /

• Κύριοι συγγραφείς: Alexandridis K., Antonis (Συγγραφέας), Zapranis, Achilleas D. (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: New York, NY : Springer New York : Imprint: Springer, 2013.
• Θέματα: Finance.; Climate change.; Economics, Mathematical.; Statistics.; Finance, general.; Climate Change Management and Policy.; Quantitative Finance.; Statistics for Business/Economics/Mathematical Finance/Insurance.

Weather derivatives are financial instruments that can be used by organizations or individuals as part of a risk management strategy to minimize risk associated with adverse or unexpected weather conditions. Just as traditional contingent claims, a weather derivative has an underlying measure, such...

Πίνακας περιεχομένων:

• The weather derivatives market
• Introduction to Stochastic Calculus
• Handling the data
• Pricing approaches of temperature
• Modeling the daily average temperature
• Pricing temperature derivatives
• The use of meteorological forecasts
• The effects of the geographical and basis risk
• Pricing the power of the wind a.       Introduction to wind derivatives
• Precipitation Derivatives a.       Introduction
• Rainfall Derivatives
• Snow Derivatives
• Appendix A
• Appendix B
• Index
• References.