Research Grant
[Cite as https://purl.org/au-research/grants/arc/DP230101458]Researchers: Dr Mariano Rodrigo (Chief Investigator) , ARC Linkage Grant LP1701000985 (Funded by) , Katsuichiro Goda (Partner Investigator) , Rogemar Mamon (Partner Investigator)
Brief description Weather, climate & geological risks: derivative pricing & risk management. This project aims to create new mathematical models and approaches for the fair valuation and hedging of financial derivatives, tackling funding for climate change adaptation and catastrophic disaster risk management. Businesses use derivatives to strategically mitigate financial losses from adverse climate conditions and geological hazards. Expected outcomes are improved models for weather variables and hazard risk assessment; richer methodology from the fusion of mathematical techniques, data analysis and earth sciences perspectives; and quantitative solutions to pressing societal concerns. Significant benefits also include highly qualified personnel training and international collaboration on common multidisciplinary research priorities.
Funding Amount $393,000
Funding Scheme Discovery Projects
- PURL : https://purl.org/au-research/grants/arc/DP230101458
- ARC : DP230101458