All pages with keywords: uncertainty

Assessing pricing assumptions for weather index insurance in a changing climate

Assessing pricing assumptions for weather index insurance in a changing climate

a research article by David Stainforth 11 February, 2014

We expose the benefits and limitations of the Bayesian Network approach, weather index insurance as an adaptation measure and climate simulations as a source of quantitative predictive information. Current climate model output is shown to be of limited value and difficult to use by index insurance practitioners. The method presented, however, is shown to be an effective tool for testing pricing assumptions and could feasibly be employed in the future to incorporate multiple sources of climate data. read more »


Safe haven assets and investor behaviour under uncertainty

Safe haven assets and investor behaviour under uncertainty

a research article by Tom McDermott 14 February, 2012

Financial crises and contagion have highlighted the need for safe haven assets. However, their existence, role and interactions are not well understood. We analyze the two most prominent yet … read more »


The world needs an unbiased risk assessor

The world needs an unbiased risk assessor

a commentary by Nicholas Stern 24 March, 2009

Financial Times – registration is required.