Introducing a haze derivative?
Chong, Wee Lee.
Tan, Bee Ling.
Tan, Mui Joon.
Date of Issue1999
College of Business (Nanyang Business School)
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.
Final Year Project (FYP)
Nanyang Technological University