Stefani, Silvana; Kutrolli, Gleda; Moretto, Enrico; … - In: Risks : open access journal 8 (2020) 4/118, pp. 1-23
This paper focuses on weather derivatives as efficient risk management instruments and proposes a more advanced approach for their pricing. An "hybrid" contract is introduced, combining insurance properties, specifically tailored for the region under study and introducing Value-at-Risk (VaR) and...
