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Weather Derivatives: Modeling and Pricing Weather-Related Risk

Antonis Alexandridis K., Achilleas D. Zapranis




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 | #3888716 in Books |  Springer |  2012-11-29 | Original language:English | PDF # 1 |  9.21 x.75 x6.14l,1.30 | File type: PDF | 300 pages

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||0 of 0 people found the following review helpful.| An introduction to the theme|By Bernd Kotz|The book shows the difference to value a derivative in a new field. Weather derivatives are traded between banks, energy, insurance and agriculture companies. The common underlying is not traded on an exchange or stored. Because of that, you cannot apply the normal valuation theory for derivatives. The book begins with the market parti

​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 as: rainfall, wind, snow or temperature.  Nearly $1 trillion of the U.S. economy is directly exposed to weather-related risk.  More precisely, almost 30% of the U...

You can specify the type of files you want, for your gadget.Weather Derivatives: Modeling and Pricing Weather-Related Risk   |  Antonis Alexandridis K., Achilleas D. Zapranis. I was recommended this book by a dear friend of mine.

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