Weather derivatives provide a tool for weather risk management, and the markets for these exotic financial products are gradually emerging in size and importanc

​Weather derivatives are financial instruments that can be used by organizations or individuals as part of a risk management strategy to minimize risk associa

This is the first book about the emerging field of utility indifference pricing for valuing derivatives in incomplete markets. René Carmona brings together a w

Commodities have become an important component of many investors' portfolios and the focus of much political controversy over the past decade. This book utilize

The markets for electricity, gas and temperature have distinctive features, which provide the focus for countless studies. For instance, electricity and gas pri