Results 41 to 50 of about 198 (109)
Weather Derivatives – Origin, Types and Application
Contemporary Economics, 2008 The number of companies that are exposed to the revenues loss risk caused by weather variability is still increasing. The businesses that are mostly exposed to weather risk are following: energy, agriculture, constructions and transport.
Piotr Binkowski
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A study of basis risk in the use of weather derivatives for hedging of agricultural yield
Journal of Agrometeorology, 2009 Weather derivatives are a newer form of hedging the weather-related agricultural yield risk. The paper discusses the issue of geographic basis risk, which is likely to be an important factor when weather derivative trading is introduced in India.
RAJIV SETH +2 more
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Weather Derivatives and Stochastic Modelling of Temperature [PDF]
International Journal of Stochastic Analysis, 2011 We propose a continuous-time autoregressive model for the temperature dynamics with volatility being the product of a seasonal function and a stochastic process. We use the Barndorff-Nielsen and Shephard model for the stochastic volatility. The proposed temperature dynamics is flexible enough to model temperature data accurately, and at the same time ...
Benth, Fred Espen +1 more
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Hedging by using weather derivatives in winter ski tourism [PDF]
Ekonomika Poljoprivrede (1979), 2018 Tourism, as one of the main driving forces of economic development, is exposed to many risks. Besides frequent fluctuations in foreign currency exchange, prices of fuel and transportation, the tourism industry has become more sensitive to weather ...
Đorđević Bojan S.
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Developing and Pricing Precipitation Insurance
Journal of Agricultural and Resource Economics, 2001 Production agriculture and agribusiness are exposed to many weather-related risks. Recent years have seen the emergence of an increased interest in weather-based derivatives as mechanisms for sharing risks due to weather phenomena.
Steven W. Martin +2 more
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Cogent Economics & Finance, 2023 The agriculture sector observed the penetration of parametric weather risk financial products, including weather index insurance and weather derivatives, between the late 1990s and the early 2000s.
Gaurav Gairola, Kushankur Dey
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Weather Risk Management in Energy Sector: The Polish Case
Energies, 2020 The energy sector is perceived as one of the most exposed sectors to the consequences of weather risk both directly (damages of its infrastructure) and indirectly (frictions to the energy supply−demand balance).
Monika Wieczorek-Kosmala
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The possibility of drought risk reduction in corn production [PDF]
Ratarstvo i Povrtarstvo, 2016 Weather derivatives are contemporary instruments for insurance risk of drought in agricultural production. Corn production is particularly sensitive to this risk, and the amount of the yield of this crop is in significant correlation with the July-August
Pajić Nemanja, Marković Todor
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Journal of Agricultural and Resource Economics, 2017 This paper analyzes possible improvements to water allocation from introducing weather derivatives as an insurance instrument in irrigation districts with no water markets and two cropping seasons.
Miriam Juárez-Torres +2 more
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Stochastic Modeling of Wind Derivatives in Energy Markets
Risks, 2018 We model the logarithm of the spot price of electricity with a normal inverse Gaussian (NIG) process and the wind speed and wind power production with two Ornstein–Uhlenbeck processes.
Fred Espen Benth +2 more
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