Weather Derivatives
Weather derivatives and hedging the weather risks
... “bad” weather may cause serious financial damages to corporations and individuals (see for example Brockett 2005; Chincarin ...suboptimal weather conditions (Cyr et ...the weather deriva- tives ...
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Willingness to Pay for Weather Derivatives by Australian Wheat Farmers
... of weather derivatives differs to other, more traditional ...commodity, weather derivatives are linked to weather indices such as temperature, rainfall or frost (AFMA, ...Most ...
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Applications of Copulas to Analysis of Efficiency of Weather Derivatives as Primary Crop Insurance Instruments
... of weather derivatives to risk management in agriculture, allowed to identify major gaps in the ...of weather derivatives, there is still no definite answer if this risk reducing tool can be ...
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Weather Derivatives Revisited : A discourse on scalability, feasibility and Sustainability
... Agriculture is highly affected by vagaries of weather. This has grave implications in developing countries where lack of safety nets render poor farmers vulnerable to vicious circle of poverty (Alderman, 2008). ...
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Temperature-based weather derivatives modeling and contract design in mainland China
... launching weather derivatives for Chinese farmers is ...for weather insurance on Chinese farm households , the authors concluded that the demand of Chinese farmers for such insurance is elastic and ...
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Hedging Yield with Weather Derivatives: A Role for Options
... adverse weather conditions with a weather derivatives contract is obviously a different proposition than hedging a cash commodity position with an exchange traded futures ...of weather ...
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A Closed Form Approximation for Pricing Temperature Based Weather Derivatives
... A weather derivative takes its value from an underlying measure of weather, such as temperature, rainfall or snowfall over a particular period of time, and permits the financial risk associated with ...
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A Levy Regime Switching Temperature Dynamics Model for Weather Derivatives
... With a mean-reverting process as their base regime and a Brownian motion with mean different from zero as their shifted regime, Elias et al. (2014) presented a constant volatility two-state MRS model for temperature ...
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Farm-Level Risk Management Using Irrigation and Weather Derivatives
... options, weather derivative contracts, and so on) are being developed to improve farmers’ risk manage- ment options (Miranda and ...temperature-based weather derivatives traded on the Chicago ...
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A Discrete Choice Analysis Of Smallholder Farmers' Preferences And Willingness To Pay For Weather Derivatives: Evidence From Ethiopia
... livestock, weather indexes, or weather derivatives (Hess et ...threshold. Weather index insurance is based on the correlation between natural phenomena and agricultural yields and foresees ...
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Effectiveness of weather derivatives as a hedge against the weather risk in agriculture
... of weather derivatives in the wine grapes production in ...the weather derivatives ...of weather derivatives in the production of corn, soybean and cotton in two regions in the ...
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Weather Derivatives with Applications to Canadian Data
... decade, weather derivatives have emerged as an attractive and interesting new derivative class for risk management and other related ...of weather derivatives is to allow businesses and other ...
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Simulation of temperature time series on long time scales with application to pricing weather derivatives
... In [29], the expected contract payout, volatility and VAR, calculated using only historical data, are compared to the expected payout, volatil ity and VAR calculated using long run estimates th a t are generated via a ...
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Intelligent Methods Used for Obtaining Weather Derivatives: A Review
... “estimate weather information from single images by constructing computational models using random forest ...different weather properties, image metadata and elevation obtained from multiple platforms, and ...
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Efficiency of Weather Derivatives as Primary Crop Insurance Instruments
... The efficiency analysis was performed under the assumption that the contracts were bought by a representative farmer who produced only one crop, used weather deriva- tives to decrease[r] ...
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Betting. weather. Weather affects all types. on the
... rounding weather derivatives, it’s clear they have become part of the energy risk manager’s ...cited weather as a major determinant of earnings performance, and about 50% stated that weather ...
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Financial Management of Weather Risk with Energy Derivatives
... with weather derivatives in the autumn of ...current weather risk market, was signed between Koch Industries, a privately held conglomerate with interests in energy and other commodities, and Enron ...
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Weather Shocks
... by weather fluctuations, agricultural pro- duction is also subject to effects that spread over time, which we call weather hysteresis ...of weather shocks, prolonged severe droughts entail early ...
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Scientific Analysis of Adding Weather Heat Capacity °Ch in the Weather Forecast
... current weather forecast in most countries on the defects and deficiencies of temperature ...addition, weather temperature and weather heat capacity were sys- tematically analyzed in this ...the ...
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