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The Pricing of Weather Derivatives including Meteorological Forecasts

Elena Parmigiani




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 | #3779634 in eBooks |  2014-02-24 |  2014-02-24 | File type: PDF

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Bachelor Thesis from the year 2013 in the subject Business economics - Investment and Finance, grade: 4/4, , language: English, abstract: 1. Abstract
This paper analyses weather derivatives and the issue of pricing these financial instruments. The non-tradability of the underlying makes their pricing not straightforward and even if the Chicago Mercantile Exchange began trading the first weather contract in 1999, the market still witnesses very low volumes and is rel...

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