IDEAS home Printed from
   My bibliography  Save this paper

Application of Weather Derivatives in Multi-Period Risk Management


  • Vedenov, Dmitry V.
  • Sanchez, Leonardo


This work is a first attempt to analyze the effect of weather derivative availability on the risk management strategies in a multi-period setting, when crop activities take place twice a year. Rice production in Ecuador is used as a case study. Numerical solutions show farmers improve their well-being by reducing their risk exposure.

Suggested Citation

  • Vedenov, Dmitry V. & Sanchez, Leonardo, 2011. "Application of Weather Derivatives in Multi-Period Risk Management," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103740, Agricultural and Applied Economics Association.
  • Handle: RePEc:ags:aaea11:103740

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    Weather Derivatives; Risk Management; Multi-Period.; Agribusiness; Agricultural Finance; Risk and Uncertainty; Q13; Q14;

    JEL classification:

    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aaea11:103740. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.