A Methodical Approach to Design and Valuation of Weather Derivatives in Agriculture

The paper deals with weather derivatives as the potentially effective risk management tool for agricultural enterprises seeking to mitigate their income exposure to variations in weather conditions. Design and valuation of the weather derivatives is an interdisciplinary approach covering agrometeoro...

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Bibliographic Details
Main Authors: Jindrich Spicka, Jiri Hnilica
Format: Article
Language:English
Published: Hindawi Limited 2013-01-01
Series:Advances in Meteorology
Online Access:http://dx.doi.org/10.1155/2013/146036