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Weather forecasts, Weather derivatives, Black-Scholes, Feynmann-Kac and Fokker-Planck

Stephen Jewson
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Abstract

We investigate the relationships between weather forecasting, weather derivatives, the Black-Scholes equation, Feynmann-Kac theory and the Fokker-Planck equation. There is one useful result, but on the whole the relations we present seem to be more interesting than practically useful.

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Stephen Jewson. 2003-12-20. Weather forecasts, Weather derivatives, Black-Scholes, Feynmann-Kac and Fokker-Planck. https://arxiv.org/abs/physics/0312125

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