Weather Derivatives as an Instrument to Hedge Against the Risk of High Energy Cost in Greenhouse Production
| dc.creator | Berg, Ernst | |
| dc.creator | Schmitz, Bernhard | |
| dc.creator | Starp, Michael | |
| dc.date | 2017-04-01T19:23:56Z | |
| dc.date.accessioned | 2026-07-09T03:51:44Z | |
| dc.description | In many areas agriculture is exposed to weather related risks. Weather derivatives that get more and more in the focus of interest can reduce these risks. In this study we develop a temperature based weather derivative and analyse how it can reduce the weather-related energy cost risk in greenhouse production. We base this study on a temperature index whose stochastic characteristics are analysed. Finally we simulate the heating demand for energy of a horticultural firm. | |
| dc.identifier | doi:10.22004/ag.econ.25629 | |
| dc.identifier | https://ageconsearch.umn.edu/record/25629/files/cp060812.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/25629 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/541043 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/25629 | |
| dc.title | Weather Derivatives as an Instrument to Hedge Against the Risk of High Energy Cost in Greenhouse Production | |
| dc.type | Text |