Risk management in commodity markets : from shipping to agriculturals and energy

Hélyette Geman (Redaktör), Ebooks Corporation.

ISBN 9780470694251, ISBN 9780470740811 · electronic bk.

utgivning

Chichester : John Wiley & Sons, Ltd., 2009

322 p.

Seriemedlemskap

Wiley finance series

edited by Hélyette Geman

E-bok

Digital resurs 14 bibliotek

ämne

Commodity exchanges, Commodity futures, Investment analysis, Derivathandel, Råvarubörser, Riskhantering

Annat bärarformat

Risk management in commodity markets · ISBN 9780470694251 (Print:)

Fler detaljer Referera

Sammanfattning

Commodities represent today the fastest growing markets worldwide. Historically misunderstood, generally under- studied and under-valued, certainly under-represented in the literature, commodities are suddenly receiving the attention they deserve. Bringing together some of the best authors in the field, this book focuses on the risk management issues associated with both soft and hard commodities: energy, weather, agriculturals, metals and shipping. Taking the reader through every part of the commodities markets, the authors discuss the intricacies of modelling spot and forward prices, as w

Innehållsförteckning

Risk Management in Commodity Markets; Contents; Preface; About the Editor; About the Contributors; 1 Structural Models of Commodity Prices; 2 Forward Curve Modelling in Commodity Markets; 3 Integrating Physical and Financial Risk Management in Supply Management; 4 The Design of New Derivative Markets; 5 Risk Premia of Electricity Futures: A Dynamic Equilibrium Model; 6 Measuring Correlation Risk for Energy Derivatives; 7 Precaution and a Dismal Theorem: Implications for Climate Policy and Climate Research; 8 Incentives for Investing in Renewables, 9 Hedging the Risk of an Energy Futures Portfolio10 Spark Spread Options when Commodity Prices are Represented as Time Changed Processes; 11 Freight Derivatives and Risk Management: A Review; 12 Mean-Reversion and Structural Breaks in Crude Oil, Copper, and Shipping; 13 Managing Agricultural Price Risk in Developing Countries; 14 Gaining Exposure to Emerging Markets in Institutional Portfolios: The Role of Commodities; 15 Case Studies and Risk Management in