Results 61 to 70 of about 198 (109)
Temperature modeling in uncertain environment with applications to weather derivative valuation
Applied Mathematics in Science and EngineeringWeather derivatives are financial instruments whose payoffs depend on weather-related indices, such as temperature, rainfall, or snowfall, rather than traditional asset prices.
Abdelouahed Hamdi +3 more
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Köz-gazdaság, 2020 A couple of decades ago weather related risk could only be covered by purchasing insurance facilities. As result of the convergence between insurance markets and capital markets and the process of securitization, weather derivative markets were born. Weather products can play an important and efficient role in alleviating weather related risk in case ...
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Modelling Weather Dynamics for Weather Derivatives Pricing
, 2017 This thesis focuses on developing an appropriate stochastic model for temperature dynamics as a means of pricing weather derivative contracts based on temperature. There are various methods for pricing weather derivatives ranging from simple one like historical burn analysis, which does not involve modeling the underlying weather variable to complex ...
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Theories on the impact of weather on consumer spending and retail sales
Tržište, 2013 Weather affects four basic purchasing decisions: what, when, where and in what quantity to buy. Even though retail is not traditionally perceived to be a weather sensitive sector, results of studies show that weather has a significant impact on store ...
Ivana Štulec
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Stochastic modelling of temperature for pricing weather derivatives
Environmental Research CommunicationsWe employ the modified Ornstein-Uhlenbeck model with a seasonal mean and stochastic volatility process to model the daily average temperature (DAT) of Bono region in Ghana.
Bernard Gyamfi +2 more
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Proceedings of the Conference of Transdisciplinary Federation of Science and Technology, 2005 openaire +1 more source