1. Auflage - Januar 2005
97,90 Euro
2005. 416 Seiten, Hardcover
- Handbuch/Nachschlagewerk -
ISBN-10: 0-470-01218-8
ISBN-13: 978-0-470-01218-5 - John Wiley & Sons

Preis inkl. Mehrwertsteuer zzgl. Versandkosten.







Kurzbeschreibung
Commodities and Commodity Derivatives covers hard and soft commodities and analyzes the economic and geopolitical issues in commodities markets. This comprehensive resource touches on a variety of issues associated with commodities and their derivatives, including: financial risk, stochastic modeling of spot prices and forward curves, and real options valuation and hedging.

Aus dem Inhalt
Foreword by Nassim Nicholas Taleb.

Preface.

Acknowledgements.

1. Fundamentals of Commodity Spot and Futures Markets: Instruments, Exchanges and Strategies.

2. Equilibrium Relationships between Spot Prices and Forward Prices.

3. Stochastic Modeling of Commodity Price Processes.

4. Plain-Vanilla Option Pricing and Hedging: From Stocks to Commodities.

5. Risk-neutral Valuation of Plain-Vanilla Options.

6. Monte-Carlo Simulations and Analytical formulae for Asian, Barrier and Quanto Options.

7. Agricultural Commodity Markets.


8. The Structure of Metal Markets and Metal Prices.

9. The Oil Market as a World Market.

10. The Gas Market as the Energy Market of the Next Decades.

11. Spot and Forward Electricity Markets.

12. Commodity Swaptions, Swing Contracts and Real Options in the Energy Industry.

13. Coal, Emissions and Weather.

14. Commodities as a New Asset Class.

Appendix: Glossary.

References.

Index.