|
EconStor >
Frankfurt School of Finance and Management, Frankfurt a. M. >
Frankfurt School - Working Paper Series, Frankfurt School of Finance and Management >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/27826
|
| | |
| Title: | | Niederschlagsderivate  |
| Authors: | | Heidorn, Thomas Trautmann, Alexandra |
| Issue Date: | | 2005 |
| Series/Report no.: | | Arbeitsberichte der Hochschule für Bankwirtschaft 69 |
| Abstract: | | Some traders estimate precipitation derivatives to have a potential which increases even that of temperature derivatives. Precipitation derivatives can be used both for hedging and marketing purposes for a diverse number of possible end users. However, the complex way of measuring precipitation, the lack of qualitative data and the feature of precipitation as being locally and timely variable make it necessary to develop highly individual contracts to keep the basis risk low. |
| Subjects: | | Precipitation derivatives weather derivatives weather risk management hedging base risk liquidity precipitation variability |
| JEL: | | G19 |
| Persistent Identifier of the first edition: | | urn:nbn:de:101:1-2008082712 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Frankfurt School - Working Paper Series, Frankfurt School of Finance and Management
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/27826
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|