Canadian Researchers Calculate Fair Prices for Weather Derivatives
Temperature-related contracts help icewine and other producers protect against bad weather.
by Julie Gedeon
Jun 2008 Issue of Wine Business Monthly
Photo by Dominic Rivard Two Canadian researchers at Brock University's Faculty of Business in St. Catharines, Ontario are helping winemakers and grape growers to hedge their bets on Mother Nature. Don Cyr and Martin Kusy are doing the math to make it easier for wine producers and grape growers in the Niagara region to understand how they can use weather de...
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