Stochastics of Environmental and Financial Economics
Stochastics of Environmental and Financial Economics
These Proceedings offer a selection of peer-reviewed research and survey papers by some of the foremost international researchers in the fields of finance, energy, stochastics and risk, who present their latest findings on topical problems. The paperscover the areasofstochastic modelingin energy and financial markets;risk management with environmental factors from a stochastic control perspective; andvaluation and hedging of derivativesin markets dominated by renewables, all of which further develop the theory of stochastic analysis and mathematical finance. The papers were presented at the first conference on Stochastics of Environmental and Financial Economics (SEFE), beingpart of the activity in the SEFE research group ofthe Centre of Advanced Study (CAS)at the Academy of Sciences in Oslo, Norway during the 2014/2015 academic year.
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