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. -- Weather derivatives ; seasonal variation ; temperature ; risk premia …Forecasting based pricing of Weather Derivatives (WDs) is a new approach in valuation of contingent claims on … nontradable underlyings. Standard techniques are based on historical weather data. Forward-looking information such as …
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. -- Weather forecasting ; weather risk ; price forecasting ; financial markets ; temperature futures ; CME …In usual pricing approaches for weather derivatives, forward-looking information such as meteorological weather … model for the daily temperature, this paper allows the incorporation of meteorological forecasts in the framework of weather …
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Framing climate change as an economic risk has, in the last several years, galvanized investor and regulatory attention …, as well as a small cadre of influential business and financial leaders. Initial, risk mitigating strategies for U … investments to weather these impacts, substituting renewable energy sources like wind and solar, and buying insurance and other …
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investors' effective risk aversion. Using this utility function, we extend the "no good deals" methodology of Cochrane and Saá …
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