Horst, Ulrich; Pirvu, Traian A.; Reis, Gonçalo Dos - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2010
such as temperature indices. We analyze a financial market with a finite set of agents whose preferences are described by a … to financial and non-financial risk factors. They can hedge their financial risk in the stock market and trade a … equilibrium result for derivative prices and characterize the equilibrium market price of risk in terms of a solution to a non …