Markov Chain Analogue Year Daily Rainfall Model and Pricing of Rainfall Derivatives

Subject Areas : International Journal of Mathematical Modelling & Computations

Tesfahun Berhane ¹ , Nurilign Shibabaw ² , Tesfaye Kebede ³

1 - Department of Mathematics, Bahir Dar University, Bahir Dar, Ethiopia.
2 - Department of Mathematics, Bahir Dar University, Bahir Dar, Ethiopia.
3 - Department of Mathematics, Bahir Dar University, Bahir Dar, Ethiopia.

Received: 2019-02-23 Accepted : 2019-06-10 Published : 2019-06-01

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