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 … each location) that allows the incorporation of meteorological forecasts in the framework of WD pricing. We study weather …

variation in daylight and local weather. We find some evidence that environmental mood variables (local weather, length of day …

; however, few studies have investigated this effect empirically. Interestingly, literature on weather patterns and the … preliminary results of our study have identified a particular weather cycle that occurs on Mondays, when the temperature in … Malaysia is higher compared with other days. Therefore, this paper aims to investigate the role of weather on investors’ Monday …

events. We draw from psychology research to develop a new prediction that weather-induced negative moods reduce market … analysts experiencing unpleasant weather are slower or less likely to respond to an earnings announcement relative to analysts … responding to the same announcement but experiencing pleasant weather. Price association tests find evidence consistent with …