It is a matter of common knowledge that weather represents the major source of uncertainty
in crop production. It is to be expected that weather fluctuations will increase in the future …

Weather derivatives are difficult to price due to the nontradability of weather and the
absence of liquid secondary markets for these contracts. We use the concept of indifference …

Although potentially useful for financially hedging systemic weather-related risks, weather
contracts/derivatives (also referred to as parametric insurance) have not seen wide adoption …

Late maturing α-amylase (LMA) is a genetic defect in some wheat lines that when triggered
by particular environmental conditions damages the grains' starch and reduces its suitability …

This article develops an Indifference Pricing model for a weather derivative that is traded
over the counter. The model is used to calculate ask and bid prices for a put option on a …

In this chapter, the various aspects of the weather market are discussed. The applications
and purpose of weather derivatives will be presented. Our aim is to analyze the weather …

Weather derivatives are financial instruments that can be used by organizations or
individuals as part of a risk management strategy to reduce risk associated with adverse or …

Es ist seit langem bekannt, dass das Wetter den Hauptunsicherheitsfaktor in der
pflanzlichen Produktion darstellt. Seit einiger Zeit wird der Einsatz von Wetterderivaten zur …

Rainfall risk to the yield of a crop can be hedged, to an extent, by the use of weather
derivatives. The paper considers a theoretical model which maximises the expected utility of …

Global and hemispheric climate indicators have proved useful in many countries for
characterising intra-and inter-annual variability in climate processes, agricultural output and …