Results 71 to 80 of about 198 (109)

Weather profits: Weather derivatives and the commercialization of meteorology

Social Studies of Science, 2010
While many scholars researching the commercialization of science focus on biomedicine, this paper explores the changing commercial frameworks for meteorology in the UK and the US. The organization of meteorology in both countries increasingly reflects a political—economic approach that treats science as an economic entity in which market-based criteria
Samuel Randalls
exaly   +2 more sources

Introduction to weather derivatives

WIREs Energy and Environment, 2021
AbstractThe weather is one of the factors that may have an impact on the countries' economies. There are two main hedging ways against unexpected weather conditions: weather derivatives and weather insurances. During the last two decades, companies started to use weather derivatives against weather issues, especially in the energy and agriculture ...
Július Bemš, Caner Aydin
openaire   +1 more source

Weather Derivatives

The Journal of Alternative Investments, 2004
This article demonstrates that companies from a wide range of industries are able to hedge against the volatility of their revenues more efficiently by resorting to non-standardized weather derivative contracts. In addition, including weather derivatives contracts as an additional asset class produces significant diversification benefits for ...
David van Lennep   +3 more
openaire   +1 more source

Weather derivatives in the wine industry

International Journal of Wine Business Research, 2008
Purpose – The wine industry is very sensitive to climate risk, mainly due to the grape crop. The aim of this paper is to understand whether weather derivatives (WDs), mainly developed for the energy industry, can also be useful to cover climate risk for the wine industry.Design/methodology/approach – The work is based on both literature review and the ...
openaire   +2 more sources

Weather Derivative Valuation

2005
Originally published in 2005, Weather Derivative Valuation covers all the meteorological, statistical, financial and mathematical issues that arise in the pricing and risk management of weather derivatives. There are chapters on meteorological data and data cleaning, the modelling and pricing of single weather derivatives, the modelling and valuation ...
Stephen Jewson   +2 more
openaire   +1 more source

Weather Derivative Pricing with Nonlinear Weather Forecasting

SSRN Electronic Journal, 2012
In recent years we witnessed a rapid growth of weather derivatives market. These derivatives are used to hedge energy contracts and distribute weather risk. While most derivative markets are complete and contingent climes replications are standard procedure, this special market is incomplete, and therefore modeling the weather is a more appropriate ...
Gal Zahavi, Yaron Rosenstein
openaire   +1 more source

The Weather Derivatives Market

2012
In this chapter, the various aspects of the weather market are discussed. The applications and purpose of weather derivatives will be presented. Our aim is to analyze the weather market and emphasize in the factors that restrain the weather market to further evolve. At the end of the chapter, an outline of the book is given.
Antonis K. Alexandridis   +1 more
openaire   +1 more source

Alternative approaches to weather derivatives pricing

Managerial Finance, 2005
The goal of the paper is to analyse the various issues attached to the valuation of weather derivatives. We focus our study on temperature‐related contracts since they are the most widely traded at this point and try to address the following questions: (i) should the quantity underlying the swaps or options contracts be defined as the temperature ...
Geman, Hélyette   +1 more
openaire   +2 more sources

Option Pricing of Weather Derivatives for Seoul

East Asian Journal on Applied Mathematics, 2012
Summary: This article analyses temperature data for Seoul based on a well defined daily average temperature (DAT) derived from records dating from 1954 to 2009, and considers related weather derivatives using a previous methodology. The temperature data exhibit some quite distinctive features, compared to other cities that have been considered before ...
Kim, Jiwoon   +2 more
openaire   +1 more source

Home - About - Disclaimer - Privacy