Results 11 to 20 of about 8,176 (241)
A Dynamic Programming Approach for Pricing Weather Derivatives under Issuer Default Risk
International Journal of Financial Studies, 2017 Weather derivatives are contingent claims with payoff based on a pre-specified weather index. Firms exposed to weather risk can transfer it to financial markets via weather derivatives.
Wolfgang Karl Härdle, Maria Osipenko
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Hedging Wind Power Risk Exposure through Weather Derivatives
Energies, 2022 We introduce the industrial portfolio of a wind farm of a hypothetical company and its valuation consistent with the financial market. Next, we propose a static risk management policy originating from hedging against volumetric risk due to drops in wind ...
Giovanni Masala +2 more
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Effectiveness of Weather Derivatives as a Risk Management Tool in Food Retail: The Case of Croatia
International Journal of Financial Studies, 2017 Non-catastrophic weather risk is gaining importance as climate change becomes more pronounced and economic crisis forces companies to strengthen their cost control. Recent literature proposes weather derivatives as flexible weather risk mitigating tools.
Ivana Štulec
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Managing Dairy Profit Risk Using Weather Derivatives
Journal of Agricultural and Resource Economics, 2006 Weather conditions are a primary source of dairy production risk. Hot and humid weather induces heat stress, which reduces lactation. Heat abatement, such as ventilation, directly affects the temperature and humidity.
Gang Chen +2 more
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Application of weather derivatives in the textile industry [PDF]
Tekstilna industrijaThe paper analyzes the possibilities and limitations of applying weather derivatives in the textile industry. Due to its strong seasonality and dependence on weather conditions, the clothing production and retail sector is particularly exposed to ...
Jakšić Mirjana
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Pricing weather derivatives in an uncertain environment
Nonlinear Engineering, 2023 This article deals with the problem of finding a pricing formula for weather derivatives based on temperature dynamics through an uncertain differential equation.
Ali Zulfiqar, Hussain Javed, Bano Zarqa
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Weather Derivatives: Usage Possibilities for the Lithuanian Economy
Lithuanian Journal of Statistics, 2010 The impact of weather on many commercial and recreational activities is significant and varies both geographically and seasonally. Many industries, including agriculture, energy, utility, construction, tourism and other businesses, are either favourably
Rūta Kropienė, Gžegož Jurgo
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Energies, 2021 Previous studies have demonstrated that non-parametric hedging models using temperature derivatives are highly effective in hedging profit/loss fluctuation risks for electric utilities.
Takuji Matsumoto, Yuji Yamada
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The role of weather derivatives in agricultural risk management of Uzbekistan [PDF]
E3S Web of ConferencesUzbekistan’s agricultural sector faces significant challenges from climate change, with unpredictable weather patterns impacting crop yields and jeopardizing food security.
Rasulov Abdujabar +3 more
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Forecast Based Pricing of Weather Derivatives [PDF]
SSRN Electronic Journal, 2012 Forecasting based pricing of Weather Derivatives (WDs) is a new approach in valuation of contingent claims on nontradable underlyings. Standard techniques are based on historical weather data. Forward-looking information such as meteorological forecasts or the implied market price of risk (MPR) are often not incorporated.
Wolfgang Karl Härdle +2 more
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