Managing Meteorological Risk through Expected Shortfall
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 Exp...
| Автори: | , , , |
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| Формат: | Стаття |
| Мова: | English |
| Опубліковано: |
MDPI AG
2020-11-01
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| Серія: | Risks |
| Предмети: | |
| Онлайн доступ: | https://www.mdpi.com/2227-9091/8/4/118 |