Visit our Christmas Gift Finder
Click & Collect from 2 Hours*
Free Delivery to UK Shops
Free UK Standard Delivery On all orders £20 and over Free Delivery to UK Shops Local shops and expert booksellers nationwide Free Click & Collect to UK shops From 2 hours of your order*
Weather Derivative Valuation: The Meteorological, Statistical, Financial and Mathematical Foundations (Hardback)
  • Weather Derivative Valuation: The Meteorological, Statistical, Financial and Mathematical Foundations (Hardback)
zoom

Weather Derivative Valuation: The Meteorological, Statistical, Financial and Mathematical Foundations (Hardback)

(author), (author), (author of contributions)
£87.00
Hardback 392 Pages / Published: 10/03/2005
  • We can order this

Usually dispatched within 3 weeks

  • This item has been added to your basket
Originally published in 2005, Weather Derivative Valuation covers all the meteorological, statistical, financial and mathematical issues that arise in the pricing and risk management of weather derivatives. There are chapters on meteorological data and data cleaning, the modelling and pricing of single weather derivatives, the modelling and valuation of portfolios, the use of weather and seasonal forecasts in the pricing of weather derivatives, arbitrage pricing for weather derivatives, risk management, and the modelling of temperature, wind and precipitation. Specific issues covered in detail include the analysis of uncertainty in weather derivative pricing, time-series modelling of daily temperatures, the creation and use of probabilistic meteorological forecasts and the derivation of the weather derivative version of the Black-Scholes equation of mathematical finance. Written by consultants who work within the weather derivative industry, this book is packed with practical information and theoretical insight into the world of weather derivative pricing.

Publisher: Cambridge University Press
ISBN: 9780521843713
Number of pages: 392
Weight: 820 g
Dimensions: 244 x 170 x 22 mm


MEDIA REVIEWS
Review of the hardback: 'Weather Derivative Valuation draws on both finance and meteorology, with a healthy dose of mathematics and statistics, to provide the practitioner with a comprehensive guide to the various methods for pricing and hedging weather derivative contracts. While no perfect model may exist, Jewson and Brix give the reader the background necessary to make informed choices between competing techniques.' William Gebhardt, Merrill Lynch
Review of the hardback: 'The weather derivatives market is exciting, dynamic and growing. This book is the most complete treatment I have seen of the many issues surrounding valuation of weather derivatives, starting from the basic principles, and then covering all the bases including meteorological data analysis, pricing, portfolio management, incorporation of forecasts and risk management. As a practitioner in the market, I found this book comprehensive and excellently written. Jewson and Brix have taken a complex subject and made it both interesting to read and easy to understand. I would have no hesitation in recommending it to others, both experts in the field and those approaching the subject for the first time.' Gearoid Lane, Centrica
Review of the hardback: 'The book covers all of the latest topics in weather derivative pricing, valuation and risk management in a way that is rigorous, and yet also accessible to the non-mathematician. Highly recommended for all involved in weather derivatives, whether they are hedgers, traders, investors, marketers or risk managers.' Martin Jones, Chief Investment Officer, Coriolis Capital Limited
"This is the first book to cover all the meteorological, statistical, financial, and mathematical issues that rise in pricing and risk management of weather derivatives. Abstracts of Public Administration, Development, and the Environment

You may also be interested in...

One Up On Wall Street
Added to basket
Catching the Wolf of Wall Street
Added to basket
Fooled by Randomness
Added to basket
The Essays of Warren Buffett
Added to basket
Investing in Shares For Dummies
Added to basket
King Of Capital
Added to basket
£13.99
Paperback
Investment Banking For Dummies
Added to basket
The Financial Times Guide to Investing
Added to basket
Rich Dad's Guide to Investing
Added to basket
When Genius Failed
Added to basket
Property Investing All-In-One For Dummies
Added to basket
The Warren Buffett Stock Portfolio
Added to basket

Please sign in to write a review

Your review has been submitted successfully.