Weather Derivative Instruments. Property Analysis of the Basic Instruments
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Date
2021
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Editura Academia de studii economice
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Abstract
The issues of weather risk management, and more specifically the
problem of protecting against it in terms of the so-called weather financial
instruments are the subject of this paper. The article is devoted to the
characteristics of the temperature weather factor as a base instrument in terms of
meteorological forecasts. It refers to the methodology of weather forecasts in the
light of their usefulness, statistical analysis of the properties of the selected
weather factor and the nature of the variability of weather indexes.
Keywords
weather, derivative instruments, risk
Citation
Mentel, G.; Bilan, Y.; Szetela, B.; Mentel, U. Weather Derivative Instruments. Property Analysis of the Basic Instruments. Economic Computation and Economic Cybernetics Studies and Research, 2021, Vol. 55 Issue 2, p79-97. 19p.