• Economics
  • Published 2008

Water Option and Its Pricing Model:A Case Study of Eastern Rout of South-to-North Water Transfers

@inproceedings{Jinping2008WaterOA,
  title={Water Option and Its Pricing Model:A Case Study of Eastern Rout of South-to-North Water Transfers},
  author={Dong Jin-ping},
  year={2008}
}
Water option exchange will play an important role in avoiding the risk of water supplying and demanding,optimizing water resources allocation and increasing financial products.According to the current situations of water market in China,this paper explores the meaning of water option and its pricing model.We introduce a multiple-execution option to avoid the risk of water supply and demand in China,and establish a stochastic model to determine water prices based on stochastic models of supply… CONTINUE READING