Books > Business & Economics > Finance & accounting > Finance
|
Buy Now
Weather Derivatives - Modeling and Pricing Weather-Related Risk (Hardcover, 2013 ed.)
Loot Price: R4,976
Discovery Miles 49 760
|
|
Weather Derivatives - Modeling and Pricing Weather-Related Risk (Hardcover, 2013 ed.)
Expected to ship within 12 - 17 working days
|
Donate to Against Period Poverty
Total price: R4,996
Discovery Miles: 49 960
|
Weather derivatives are financial instruments that can be used by
organizations or individuals as part of a risk management strategy
to minimize risk associated with adverse or unexpected weather
conditions. Just as traditional contingent claims, a weather
derivative has an underlying measure, such as: rainfall, wind, snow
or temperature. Nearly $1 trillion of the U.S. economy is directly
exposed to weather-related risk. More precisely, almost 30% of the
U.S. economy and 70% of U.S. companies are affected by weather. The
purpose of this monograph is to conduct an in-depth analysis of
financial products that are traded in the weather market.
Presenting a pricing and modeling approach for weather derivatives
written on various underlying weather variables will help students,
researchers, and industry professionals accurately price weather
derivatives, and will provide strategies for effectively hedging
against weather-related risk. This book will link the mathematical
aspects of the modeling procedure of weather variables to the
financial markets and the pricing of weather derivatives. Very
little has been published in the area of weather risk, and this
volume will appeal to graduate-level students and researchers
studying financial mathematics, risk management, or energy finance,
in addition to investors and professionals within the financial
services industry. "
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
You might also like..
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.