Year: 2013
Type: article
Abstract: We study a new risk measure inspired from risk theory with a heat wave risk analysis motivation. We show that this risk measure and its sensitivities can be computed in practice for relevant temperature stochastic processes. This is in particular useful for measuring the potential impact of climate change on heat wave risk. Numerical illustrations are given.
Source: Risks
DOI: 10.3390/risks1030176
Language: English
Topic: Probability and Risk Models
Field: Decision Sciences
Domain: Social Sciences
SDG: Climate action
Open Access status: gold
Estimated APC paid: $2,172
OpenAlex ID: W1487537815