Yao Li. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2004. / Includes bibliographical references (leaves 66-68). / Abstracts in English and Chinese. / Chapter Chapter 1 --- Weather Derivatives: A Review --- p.1 / Chapter 1.1 --- Introduction --- p.1 / Chapter 1.2 --- Types of weather risk --- p.1 / Chapter 1.3 --- Key weather derivative elements --- p.3 / Chapter 1.4 --- Methods for pricing weather derivatives --- p.5 / Chapter 1.5 --- Current Situation in Hong Kong: the Recreation Industry --- p.8 / Tables and Figures --- p.10 / Chapter Chapter 2 --- Markov Models with Application to Hong Kong's Rainfall --- p.13 / Chapter 2.1 --- The Model --- p.14 / Chapter 2.2 --- Maximum Likelihood Estimation --- p.17 / Chapter 2.2.1 --- Estimates for Occurrence Model --- p.18 / Chapter 2.2.2 --- Estimates for Intensity Model --- p.23 / Chapter 2.3 --- Model for Amount --- p.28 / Tables and Figures --- p.29 / Chapter Chapter 3 --- Contract Specifications and Option Evaluation --- p.42 / Chapter 3.1 --- The Contract --- p.42 / Chapter 3.2 --- The Monte-Carlo Simulation --- p.44 / Chapter 3.2.1 --- The Rainfall Event --- p.45 / Chapter 3.2.2 --- The Aggregate Payoff --- p.47 / Chapter 3.2.3 --- Some Simulation Results --- p.48 / Chapter 3.3 --- Further Applications --- p.49 / Tables and Figures --- p.55 / Chapter Chapter 4 --- Concluding Remarks and Discussions --- p.64 / References --- p.66

Key words. Newsvendor Model, Inventory Model, Seasonal Product, Weather Risk, Weather Option, Weather Derivative, Weather-Conditional Rebate, CVaR, Mean-CVaR. / The first model considers the problem of hedging inventory risk for a newsvendor who sells a seasonal product. The newsvendor not only decides the order quantity, but also adopts a weather hedging strategy. A typical hedging strategy is to use an option that is constructed on a weather index before the season begins, which will compensate the buyer of the option if the actual seasonal weather index is above (or below) a given strike level. We explore the joint decision problem in mean-variance, expected utility, conditional value-at-risk (CVaR), and mean-CVaR frameworks. We analyze the impact of weather hedging on optimal order quantity. It is proven that the newsvendor may order more than in the absence of weather options. Numerical analysis on the sensitivity of the optimal order quantity, the risk premium of the option, the portfolio selection and the comparison between the weather option hedging and a particular operational hedging are presented as well. / The second model investigates the advantages of early sales of a seasonal product. To induce early sales, the newsvendor adopts a weather-conditional rebate program, which will pay rebates to the customers who buy the product in the preselling period if a specified weather condition for normal selling season is realized. For an example, a certain amount of refund will be paid to early buyer if the seasonal average temperature falls below the past-three-year seasonal average. Two conditional rebate programs with early booking and early purchasing are investigated and compared. Both of them can price differentiate within a customer among his/her post valuation on the seasonal product, and thus increase the sales. For the early purchasing program, it can further save inventory holding cost and ordering cost. The expected profit can be improved by the programs. Moreover, combined with weather derivatives, the conditional rebate program can manage the financial risk with the expected profit being still improved. / To investigate the means that firms may adopt in managing the adverse impacts of weather on their businesses, this dissertation proposes and analyzes two inventory models for seasonal products when the demand is sensitive to the weather in the season. Both models are formulated under the newsvendor context. / Gao, Fei. / "October 2007." / Adviser: Youhua Frank Chen. / Source: Dissertation Abstracts International, Volume: 69-08, Section: B, page: 5002. / Thesis (Ph.D.)--Chinese University of Hong Kong, 2007. / Includes bibliographical references (p. 108-119). / Electronic reproduction. Hong Kong : Chinese University of Hong Kong, [2012] System requirements: Adobe Acrobat Reader. Available via World Wide Web. / Electronic reproduction. [Ann Arbor, MI] : ProQuest Information and Learning, [200-] System requirements: Adobe Acrobat Reader. Available via World Wide Web. / Electronic reproduction. Ann Arbor, MI : ProQuest dissertations and theses, [201-] System requirements: Adobe Acrobat Reader. Available via World Wide Web. / Abstracts in English and Chinese. / School code: 1307.

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It has over the last 20 years occurred a series of extreme weather events around the worldthat caused damage to people and buildings. Many published reports have studied thedeveloping countries and less studies has been conducted on the construction industry andthe economically powerful countries.Sweden has been spared from the most extreme events but still suffered some events whichcan be considered extreme for the country. Therefore, the aim of this report is to study howthe construction industry in Sweden works with risk management, as a preventive measureagainst extreme weather events. The intention has been to find out how aware the industryis of climate change.Studies of this kind have not been carried out previously in Sweden and therefore this studyuses a qualitative approach to conduct the study. Thorough studies on risks, riskmanagement and all its processes have been performed. The focus has been on the generalrisks and the risks associated with extreme weather conditions. This is to analyze how theconstruction industry works with risks of this kind. Interviews have been conducted withproject managers and production managers at a major Swedish construction company to becompared with the written theory.The study and 10 interviews have been conducted at Skanska Hus in Stockholm to get apicture of how different projects in the same region are working with risk managementlinked to extreme weather events as they have the same weather conditions.The study concluded that the studied company was very good at working with riskmanagement but they were less prepared for extreme weather than had been expected. Thisgave the impression that the industry as a whole are in need to be informed about what kindof impacts climate change has on production and the working environment for the future.The investigation showed that it still needs improvements and more knowledge in this areasince climate change is a fact.

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Thesis (M.S.)--University of Wisconsin--Madison, 1984. / Typescript. eContent provider-neutral record in process. Description based on print version record. Includes bibliographical references (leaf 67).

Thesis (M.Sc.(Meteorology))--University of Pretoria, 2008. / Summary in English. Includes bibliographical references.

Thesis (M.S.)--University of Wisconsin--Madison, 1982. / Typescript. eContent provider-neutral record in process. Description based on print version record. Includes bibliographical references (leaves 75-76).

Thesis (Ph. D.)--University of Oregon, 2006. / Typescript. Includes vita and abstract. Includes appendices with Foy Lake pollen and charcoal data and fire atlas metadata. Includes bibliographical references (leaves 233-244). Also available for download via the World Wide Web; free to University of Oregon users.

Este trabalho é um estudo sobre a mistura que se estabelece entre informação meteorológica e entretenimento nos quadros da previsão do tempo de dois telejornais nacionais das Organizações Globo: Jornal Nacional JN (canal aberto Rede Globo) e Rural Notícias RN (canal fechado Canal Rural). A recepção dos programas sobre o tempo é analisada a partir de entrevistas abertas, com 40 espectadores de ambos os noticiários, habitantes da cidade e do campo. Também por meio de entrevistas, são avaliadas as representações da produção, privilegiando as denominadas moças do tempo, Flávia Freire (JN) e Lilian Lima (RN). Auxiliam na identificação do entretenimento, nos espaços da meteorologia, a observação do surgimento do consumidor moderno, a extensão do consumo ao lazer, o divertimento pela televisão, o tempo como assunto para conversa, as representações do corpo na cultura brasileira e traços da educação na transmissão meteorológica no Telejornalismo do país. Assim, são analisados os formatos dos quadros do tempo, suas funções aparentes, formatações, imagem corporal construída de suas apresentadoras e o público-alvo de cada telejornal. Esses principais pontos são relacionados com o pensamento de autores que estudam comunicação, tempo, hedonismo, utilitarismo, consumo, representações sociais, corpo, educação e pedagogia. A previsão da meteorologia aparece com várias funções, sendo dominantes a ênfase no cotidiano, em ambos os jornais; o foco no lazer, sobretudo no Jornal Nacional; e o destaque para o vínculo com a produção rural em sentido amplo, no caso do Rural Notícias. / This work is a study about a mixture between weather information and entertainment on the weather forecast board of two Brazilian newscasts from Globo Organizations: Jornal Nacional JN (broadcast by an open channel Rede Globo) and Rural Notícias RN (by paid channel Canal Rural). The reception of the weather program is assessed by open interviews with 40 viewers of both newscasts that live in cities and in the countryside. Also through interviews, the production representations are assessed with the weather girls Flávia Freire (JN) and Lilian Lima (RN), both of them well known by the audience. The observation of the emergence of the modern consumer, the extension of consumption to leisure, television as entertainment, the weather as a subject of conversation, the representations of the human body in Brazilian culture and education features in the transmission of weather reports by Brazilian TV are subjects that help identifying leisure on the weather board. Therefore, weather report formats, seeming functions, formatting, the built-up bodily image of their anchorwomen and the target audience of each newscast are subjected to analysis. These main themes are related to the visions of authors who study communication, weather, hedonism, utilitarianism, consumption, social representations, body, education and pedagogy. The weather forecast is shown as having several meanings, the emphasis being on everyday life, on both newscasts; the accent on leisure, above all on Jornal Nacional; and the emphasis on the broad meaning of the agricultural production, on Rural Notícias.