PT  - JOURNAL ARTICLE
AU  - Hélyette Geman
TI  - The Bermuda Triangle
AID  - 10.3905/jai.2000.318922
DP  - 2000 Jun 30
TA  - The Journal of Alternative Investments
PG  - 61--69
VI  - 3
IP  - 1
4099  - https://pm-research.com/content/3/1/61.short
4100  - https://pm-research.com/content/3/1/61.full
AB  - Deregulation of electricity markets, well under way in the United States, has created an environment of severe competition for the U.S. utilities and gas producers, and will probably put European utilities under the same pressure once the Directives on gas and electricity deregulation become effective over the continent. This article offers a brief review of the development of several forms of weather, electricity, and insurance derivatives as well as the theoretical and mathematical basis for futures and option models on particular forms of these derivatives.