Tail Risk in Weather Derivatives
Weather derivative markets, particularly Chicago Mercantile Exchange (CME) Heating Degree Day (HDD) and Cooling Degree Day (CDD) futures, face challenges from complex temperature dynamics and spatially heterogeneous co-extremes that standard Gaussian models overlook. Using daily data from 13 major U...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2025-06-01
|
| Series: | Commodities |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2813-2432/4/2/11 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|