Introducing a haze derivative?
The study explore the feasibility of developing a haze option, which will enable the haze-afflicted industries in Singapore to hedge against their resulting losses. The opportunity costs forgone are identified for the three industries most afflicted by the haze-tourism, airline andhealth. These esti...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project |
| Published: |
2008
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/10612 |
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| Institution: | Nanyang Technological University |
| Summary: | The study explore the feasibility of developing a haze option, which will enable the haze-afflicted industries in Singapore to hedge against their resulting losses. The opportunity costs forgone are identified for the three industries most afflicted by the haze-tourism, airline andhealth. These estimates are correlated with the Pollutant Standards Index (PSI). Many haze-afflicted industries see an apparent relationship between a drop in their income levels and the occurrence of the haze. |
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