Andere Kunden interessierten sich auch für
![Florida and Sea Level Rise]( "Florida and Sea Level Rise")
Florida and Sea Level Rise23,99 €![Geostatistics for Engineers and Earth Scientists]( "Geostatistics for Engineers and Earth Scientists")
Geostatistics for Engineers and Earth Scientists118,99 €![Statistics for Earth and Environmental Scientists]( "Statistics for Earth and Environmental Scientists")
Statistics for Earth and Environmental Scientists153,99 €![Advanced pricing of loans using the risk-neutral approach]( "Advanced pricing of loans using the risk-neutral approach")
Advanced pricing of loans using the risk-neutral approach22,99 €![Empirical Risk Modeling of Financial Time Series using Value at Risk]( "Empirical Risk Modeling of Financial Time Series using Value at Risk")
Empirical Risk Modeling of Financial Time Series using Value at Risk23,99 €![Estimating Parameters of the Three-Parameter Lognormal Distribution]( "Estimating Parameters of the Three-Parameter Lognormal Distribution")
Estimating Parameters of the Three-Parameter Lognormal Distribution32,99 €![On the power of the sign test for the case of Laplace distribution]( "On the power of the sign test for the case of Laplace distribution")
On the power of the sign test for the case of Laplace distribution38,99 €
The main objective of this research is to price temperature-related weather derivatves independent of location and payoff structure. We use historical weather data to make distributional forecasts for 10 different weather locations in Germany. Error terms of our forecasts are bootstraped from the empricial distribution to incorporate the non- normality of weather surprises. Explicit pricing dynamics of our model are analysed, along with a discussion on indifference pricing.