Due to the dependency of the energy demand on temperature, weather derivatives enable the effective hedging of temperature related fluctuations. However, temperature varies in space and time and therefore the contingent weather derivatives also vary. The spatial derivative price distribution...

China's Chengtou bond has dual positions of ``corporate bond" and ``quasi-municipal bond", and its tail risk is extremely contagious. We construct provincial and municipal risk indexes based on the microdata of 15029 Chengtou bonds which exist from 2009 to 2021. Further, we study the tail risk...

We investigate the relationship between underlying blockchain mechanism of cryptocurrencies and its distributional characteristics. In addition to price, we emphasise on using actual block size and block time as the operational features of cryptos. We use distributional characteristics such as...

Operations management entails the design and control of business operations with the goal of providing goods and services as efficiently as possible. Usually various resources are required to conduct operations and the required resources are usually limited in numbers and availability. Business...

We investigate the relationship between underlying blockchain mechanism of cryptocurren- cies and its distributional characteristics. In addition to price, we emphasise on using actual block size and block time as the operational features of cryptos. We use distributional charac- teristics such...

The big bang of non-fungible tokens (NFTs) has caused the birth of a brand new era for digital art. NFTs, driven by blockchain and smart contracts, provide both artists and art collectors an unprece- dented marketplace equipped with more security, flexibility, publicity, and freedom to monetize....

NFTs, or Non Fungible Tokens, have been in the focus of emerging digital asset transactions, have gained a lot of attention of art investors and are among the fastest growing Web 3.0 and crypto products. The popularity of NFTs has started with a generative art collection —CryptoPunks from...

Cryptocurrencies are gaining momentum in investor attention, are about to become a new asset class, and may provide a hedging alternative against the risk of devaluation of fiat currencies following the COVID-19 crisis. In order to provide a thorough understanding of this new asset class, risk...

The Financial Risk Meter (FRM) is an established mechanism that, based on conditional Value at Risk (VaR) ideas, yields insight into the dynamics of network risk. Originally, the FRM has been composed via Lasso based quantile regression, but we here extend it by incorporating the idea of...