In this paper, a new form of weather derivative contract, namely the climatic zone-based growth degree-day (GDD … reduce the model dimension of multi-regional temperature-based weather derivatives pricing. Since the proposed contract … of temperature-based weather contracts are maintained within a certain range. …

Weather derivatives are contingent claims with payoff based on a pre-specified weather index. Firms exposed to weather … risk can transfer it to financial markets via weather derivatives. We develop a utility-based model for pricing baskets of … weather derivatives under default risk on the issuer side in over-the-counter markets. In our model, agents maximise the …

claims, a weather derivative has an underlying measure, such as: rainfall, wind, snow or temperature. Nearly $1 trillion of …The weather derivatives market -- Introduction to Stochastic Calculus -- Handling the data -- Pricing approaches of …Weather derivatives are financial instruments that can be used by organizations or individuals as part of a risk …

untersucht, für die sich in den USA bereits ein florierender Markt herausgebildet hat. Anders als herkömmliche Finanzderivate …