Weather derivatives modeling and pricing weather-related risk
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...
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| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
New York :
Springer
2013.
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| Edición: | 1st ed. 2013. |
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009469035806719 |
Tabla de Contenidos:
- 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.
