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Climate change and infectious diseases: translating evidence into action. [PDF]
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Incentive Contract and Weather Risk
Environmental and Resource Economics, 2006We study contracts designed to remunerate a farmer for the production of an ecosystem service with the payment dependent on the results of the farmer’s actions and on weather conditions. Two contracts are proposed: the first takes into account both the results of the farmer’s actions and a weather variable that reflects the actual atmospheric ...
Loisel, Patrice, Elyakime, Bernard
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Weather derivatives for managing weather and climate risk in agriculture
International Journal of Financial Engineering, 2020In this paper, we develop a pricing model for weather derivatives at a single location and multiple locations. In the first model, a Lévy regime-switching temperature model for a single location is used to price futures written on cumulative average temperature and growing degree-days indices at a single location.
Samuel Asante Gyamerah +2 more
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Risk of a road accident in rainy weather
Accident Analysis & Prevention, 1988A number of methods have been proposed for measuring the added risk of a road accident during rainy weather. These methods are reviewed here, and two of them are applied, with adjustments, to data from Israel and the United States. Their accuracy, however, is limited because surrogates have to be used for traffic exposure to rain. Nevertheless, results
H, Brodsky, A S, Hakkert
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Inclement Weather and the Risk of Hip Fracture
Epidemiology, 1998An association between inclement weather and hip fractures has been documented, but specific subgroups of the population at particular risk have not been identified. We obtained information that included hospitalization data on all hip fractures in Montreal from 1982 to 1992, and meteorologic data on the amount of snow, rain, and freezing rain and the ...
A R, Levy +3 more
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Weather derivatives valuation and market price of weather risk
Journal of Futures Markets, 2004AbstractThis paper has two objectives: (1) to propose and implement a valuation framework for temperature derivatives (a specific class of weather derivatives); and (2) to study the significance of the market price of weather risk. The objectives are accomplished by generalizing the Lucas model of 1978 to include the weather as another fundamental ...
Melanie Cao, Jason Wei
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Weathering Risk: Uncertainty, Weather Forecasting, and Expertise
Sociology Compass, 2012Abstract Bridging the sociology of uncertainty and weather, this review paper provides a sociological examination of the weather forecasting enterprise in order to illustrate how expert decision makers negotiate high uncertainty. It begins with an outline of the literature on uncertainty and risk, particularly as it regards the modern
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Weather derivatives are a relatively recent kind of financial product developed to manage weather risks, and currently the weather derivatives market is the fastest‐growing derivative market. The development of weather derivatives represents one of the recent trends toward the convergence of insurance and finance.
Patrick L. Brockett +2 more
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Weather Risk and the Viability of Weather Insurance In Western China
2009This paper presents preliminary results on the possible demand for weather insurance in China. Results from 1,564 farm households from Western and Central China between October 2007 and October 2008 suggest that the greater risk for farmers is drought followed by excessive rain.
Turvey, Calum G. +2 more
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