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
| Identifer | oai:union.ndltd.org:cuhk.edu.hk/oai:cuhk-dr:cuhk_324943 |
| Date | January 2004 |
| Contributors | Yao, Li., Chinese University of Hong Kong Graduate School. Division of Business Administration. |
| Source Sets | The Chinese University of Hong Kong |
| Language | English, Chinese |
| Detected Language | English |
| Type | Text, bibliography |
| Format | print, iii, 68 leaves : ill. ; 30 cm. |
| Coverage | China, Hong Kong, China, Hong Kong |
| Rights | Use of this resource is governed by the terms and conditions of the Creative Commons “Attribution-NonCommercial-NoDerivatives 4.0 International” License (http://creativecommons.org/licenses/by-nc-nd/4.0/) |
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