05589nam 2200673Ia 450 991046476910332120200520144314.01-283-85078-8981-4401-85-4(CKB)3400000000087222(EBL)1080976(OCoLC)821180509(SSID)ssj0000754875(PQKBManifestationID)12343869(PQKBTitleCode)TC0000754875(PQKBWorkID)10729850(PQKB)10495137(MiAaPQ)EBC1080976(WSP)00002818(Au-PeEL)EBL1080976(CaPaEBR)ebr10627506(CaONFJC)MIL416328(EXLCZ)99340000000008722220120723d2013 uy 0engur|n|---|||||txtccrModeling and pricing in financial markets for weather derivatives[electronic resource] /Fred Espen Benth, Jūrate Šaltytė BenthSingapore ;Hackensack, NJ World Scientific Pub.c20131 online resource (255 p.)Advanced series on statistical science and applied probability ;vol. 17Description based upon print version of record.981-4401-84-6 Includes bibliographical references and index.Preface; Contents; 1. Financial markets for weather; 1.1 The use of weather derivatives; 1.2 Markets for weather derivatives; 1.2.1 Temperature derivatives; 1.2.2 Derivatives on wind speed; 1.2.3 Precipitation derivatives; 1.2.4 Other weather derivatives; 1.3 A brief outlook of the monograph; Statistics of weather; 2. Data description and exploratory analysis; 2.1 Data; 2.2 Temperature; 2.3 Wind; 2.4 Precipitation; 2.5 Spatial statistics and spatial-temporal modelling; 2.6 Stochastic weather modelling - literature overview; 2.6.1 Temperature; 2.6.2 Wind; 2.6.3 Precipitation3. Spatial-temporal modelling3.1 The modelling approach; 3.2 Spatial-temporal model for temperature and wind speed; 3.2.1 Marginal modelling of temperature and wind speed; 3.2.2 Spatial modelling of temperature and wind speed; 3.2.3 Estimation of the marginal temperature model; 3.2.3.1 Trend; 3.2.3.2 Seasonal component; 3.2.3.3 ARMA process; 3.2.3.4 Residuals; 3.2.4 Estimation of spatial temperature model; 3.2.4.1 Spatial model for temporal parameters; 3.2.4.2 Spatial correlations; 3.2.4.3 Model validation for temperature; 3.2.5 A critical view on temporal temperature modelling3.2.6 Estimation of wind speed model3.2.6.1 Seasonal component and ARMA process; 3.2.6.2 Residuals; 3.2.6.3 Spatial modelling; 3.2.6.4 Model validation for wind speed; 3.3 Temporal modelling of precipitation; 3.3.1 Estimation of precipitation time series model; 3.3.2 Validation of precipitation time series model; Weather derivatives; 4. Continuous-time models for temperature and wind speed; 4.1 CARMA models; 4.2 Simulation of CARMA processes; 4.3 Linking CARMA to ARMA; 4.4 Recovering the states I: the Kalman filter; 4.5 Recovering the states II: an approxmative L1-filter4.6 CARMA models for temperature and wind speed4.6.1 A model for temperature; 4.6.2 A model for wind speed; 4.7 Speed of reversion to the mean: the half-life; 5. Pricing of forward contracts on temperature and wind speed; 5.1 Theory on pricing forwards; 5.1.1 Pricing by burn analysis; 5.2 A structure preserving class of measure changes; 5.3 Pricing temperature forwards; 5.4 Analysis of temperature futures prices; 5.4.1 Temperature futures prices and the states of temperature; 5.4.2 The theoretical risk premium of temperature; 5.4.3 The Samuelson effect; 5.5 Pricing wind speed forwards6. Extensions of temperature and wind speed models6.1 Stochastic temperature volatility; 6.2 Brownian semistationary processes; 6.3 Fractional models; 7. Options on temperature and wind; 7.1 Options on temperature futures; 7.2 Options on wind speed futures; 7.3 Geographical hedging; 7.3.1 A simple spatial-temporal model for temperature; 7.3.2 Computation of the optimal geographical hedge; 8. Precipitation derivatives; 8.1 A continuous-time model for precipitation; 8.1.1 A class of independent increment processes; 8.1.2 A stochastic model of precipitation8.2 Pricing derivatives on precipitationWeather derivatives provide a tool for weather risk management, and the markets for these exotic financial products are gradually emerging in size and importance. This unique monograph presents a unified approach to the modeling and analysis of such weather derivatives, including financial contracts on temperature, wind and rain. Based on a deep statistical analysis of weather factors, sophisticated stochastic processes are introduced modeling the time and space dynamics. Applying ideas from the modern theory of mathematical finance, weather derivatives are priced, and questions of hedging anaADVANCED SERIES ON STATISTICAL SCIENCE AND APPLIED PROBABILITYStocksPricesWeather derivativesElectronic books.StocksPrices.Weather derivatives.332.6457Benth Fred Espen1969-151492Saltyte Benth Jurate772024MiAaPQMiAaPQMiAaPQBOOK9910464769103321Modeling and pricing in financial markets for weather derivatives1976816UNINA01977nam 2200601 450 991048043980332120201203183643.01-4704-6251-6(CKB)4100000011437133(MiAaPQ)EBC6346623(PPN)250799588(EXLCZ)99410000001143713320201203d2020 uy 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierDynamics near the subcritical transition of the 3D Couette flow I below threshold case /Jacob Bedrossian, Pierre Germain, Nader MasmoudiProvidence, RI :American Mathematical Society,[2020]©20201 online resource (v, 158 pages)Memoirs of the American Mathematical Society ;Number 1294"July 2020, volume 266, number 1294 (fourth of 6 numbers)."1-4704-4217-5 Includes bibliographical references and index.Memoirs of the American Mathematical Society ;Number 1294.Inviscid flowMixingShear flowStabilityThree-dimensional modelingDamping (Mechanics)Viscous flowMathematical modelsElectronic books.Inviscid flow.Mixing.Shear flow.Stability.Three-dimensional modeling.Damping (Mechanics)Viscous flowMathematical models.532.58Bedrossian Jacob1984-955068Germain Pierre1979-Masmoudi Nader1974-MiAaPQMiAaPQMiAaPQBOOK9910480439803321Dynamics near the subcritical transition of the 3D Couette flow I2160296UNINA02256nam 2200589Ia 450 991077863330332120230422035846.00-19-773192-91-280-47148-40-19-535254-80-585-18075-X(CKB)111000211156220(EBL)273340(OCoLC)476015869(SSID)ssj0000266532(PQKBManifestationID)11937615(PQKBTitleCode)TC0000266532(PQKBWorkID)10304828(PQKB)10367799(Au-PeEL)EBL273340(CaPaEBR)ebr10279508(CaONFJC)MIL47148(OCoLC)466432224(MiAaPQ)EBC273340(EXLCZ)9911100021115622019980114d1999 uy 0engur|n|---|||||txtccrValue-- and what follows[electronic resource] /Joel J. KuppermanNew York Oxford University Press19991 online resource (177 p.)Description based upon print version of record.0-19-512348-4 Includes bibliographical references (p. 161-166) and index.Contents; ONE: Values; TWO: Emotions and Values; THREE: Are There Senses of Value?; FOUR: Knowledge of Values; FIVE: Real Values?; SIX: Promoting What Is Good, Avoiding What Is Bad; SEVEN: Morality; EIGHT: Moral Obligations to Do What Is Not for the Best; NINE: Do Perfectionism and Liberalism Conflict?; TEN: The Case for a Limited Perfectionism; Bibliography; Index; A; B; C; D; E; F; G; H; I; J; K; L; M; N; O; P; R; S; T; U; V; W; XHow can we know what is worth seeking or avoiding in life? Is there anything to know? If so, is it in some sense personal? This work addresses these questions as it examines the epistemology of value.ValuesPhilosophyValues.Philosophy.121/.8Kupperman Joel895416MiAaPQMiAaPQMiAaPQBOOK9910778633303321Value-- and what follows3763666UNINA