Proceedings of the 2015 International Conference on Economics, Management, Law and Education

Function of Weather Derivatives in Risk Management

Authors
Xinyuan Zhang
Corresponding Author
Xinyuan Zhang
Available Online November 2015.
DOI
10.2991/emle-15.2015.76How to use a DOI?
Keywords
weather derivative; risk management; agriculture
Abstract

Weather change has very close relation with economy and life of human-beings. China has always been the big agricultural country. We are used to the model of “living depends on climate” so that we are quite sensitive to the change of weather. Besides agriculture, the operating scale and gain of industries of energy, construction, and tourism are also facing to risks of weather change. Targeting for the situation that the weather risk factor has more and more serious affect on the economy and life of human beings, as a kind of most effective new model risk management instrument which is specially used for preventing common weather risk, the weather derivatives is not only an innovation of financial derivative instrument, but also the product of highly optimization of capital market, having very bright development potential in the future.

Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2015 International Conference on Economics, Management, Law and Education
Series
Advances in Social Science, Education and Humanities Research
Publication Date
November 2015
ISBN
978-94-6252-145-2
ISSN
2352-5398
DOI
10.2991/emle-15.2015.76How to use a DOI?
Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Xinyuan Zhang
PY  - 2015/11
DA  - 2015/11
TI  - Function of Weather Derivatives in Risk Management
BT  - Proceedings of the 2015 International Conference on Economics, Management, Law and Education
PB  - Atlantis Press
SP  - 334
EP  - 336
SN  - 2352-5398
UR  - https://doi.org/10.2991/emle-15.2015.76
DO  - 10.2991/emle-15.2015.76
ID  - Zhang2015/11
ER  -