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Keywords: Rainfall
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Journal Articles
Journal:
Agricultural Finance Review
Agricultural Finance Review (2020) 80 (4): 589–608.
Published: 05 May 2020
...Sergio Cabrales; Jesus Solano; Carlos Valencia; Rafael Bautista Purpose In the equatorial Pacific, rainfall is affected by global climate phenomena, such as El Niño Southern Oscillation (ENSO). However, current publicly available methodologies for valuing weather derivatives do not account...
Journal Articles
Journal:
Agricultural Finance Review
Agricultural Finance Review (2010) 70 (1): 79–96.
Published: 11 May 2010
... of historical data availability in designing actuarially sound weather‐based instruments. Design/methodology/approach A Bayesian rainfall model utilizing spatial kriging and Markov chain Monte Carlo techniques is proposed to estimate rainfall histories from observed historical data. An example drought...
