Results 21 to 30 of about 9,971 (304)
The role of weather derivatives in agricultural risk management of Uzbekistan [PDF]
Uzbekistan’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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The use of weather forecasts in the pricing of weather derivatives
AbstractWe discuss how weather forecasts can be used in the pricing of weather derivatives and derive results for the most important types of weather index and contract. We show that calculating the expected payoff of linear contracts on linear indices requires only forecasts of the mean temperature over the contract period.
Stephen Jewson, Rodrigo Caballero
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Climatic changes and weather risk management in agriculture [PDF]
Despite the constant development of the system of forecasting unpredicted events and risks, there are many economic sectors where revenues depend directly on the wheather variables.
Stevanović Simo +2 more
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A Primer on Weather Derivatives
We give a short introduction to weather derivatives. We discuss what they are made for. We describe the markets on which they are exchanged, and how they are used to promote agricultural risk transfer in developing countries via the World Bank program. We also treat some specific issues such as basis risk, pricing and design.
Barrieu, Pauline, Scaillet, Olivier
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Weather Risk Management in Agriculture Using Weather Derivatives
The purpose of this paper is to examine weather risk management by application of weather derivatives in agriculture and evaluate the hedging efficiency. Agriculture is a sector highly sensitive to meteorological elements that affect the yield of many crops.
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Effectiveness of weather derivatives as a hedge against the weather risk in agriculture
Weather affects the economies worldwide and all economic sectors are to some extent weather sensitive. Agriculture is traditionally highly weather sensitive.
Ivana STULEC +2 more
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Weather Derivatives, Spatial Aggregation, and Systemic Risk: Implications for Reinsurance Hedging
Previous studies identify limited potential efficacy of weather derivatives in hedging agricultural exposures. In contrast to earlier studies which investigate the problem at low levels of aggregation, we find that better weather hedging opportunities ...
Joshua D. Woodard, Philip Garcia
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Indifference Pricing of Weather Derivatives
AbstractWeather derivatives are difficult to price due to the nontradability of weather and the absence of liquid secondary markets for these contracts. We use the concept of indifference pricing to develop a model for calculating the willingness to pay for weather insurance.
Xu, Wei +2 more
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A Methodical Approach to Design and Valuation of Weather Derivatives in Agriculture
The paper deals with weather derivatives as the potentially effective risk management tool for agricultural enterprises seeking to mitigate their income exposure to variations in weather conditions.
Jindrich Spicka, Jiri Hnilica
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Application of air derivative financial instruments in Lithuanian economy
The paper explores the concept of weather derivatives: what it is, what its features are, and in what areas they can be applied. It has been established that there can be several types of weather derivative instruments – options and swaps.
Ernesta Latvytė +1 more
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