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Impact of Climate Change on Heat Wave Risk
Laboratoire de mathématiques de Besançon, UMR CNRS 6623, 16 route de Gray, Besançon F-25030, France
Université de Lyon, CNRS UMR 5208, École centrale de Lyon, Institut Camille Jordan, 36 avenue Guy de Collongue, Ecully Cedex F-69134, France
Université de Lyon, Université Claude Bernard Lyon 1, Institut de Science Financière et d'Assurances, 50 Avenue Tony Garnier, Lyon F-69007, France
* Author to whom correspondence should be addressed.
Received: 1 November 2013 / Revised: 3 December 2013 / Accepted: 5 December 2013 / Published: 12 December 2013
Abstract We study a new risk measure inspired from risk theory with a heat wave risk analysis motivation. We show that this risk measure and its sensitivities can be computed in practice for relevant temperature stochastic processes. This is in particular useful for measuring the potential impact of climate change on heat wave risk. Numerical illustrations are given.
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MDPI and ACS Style
Biard, R.; Blanchet-Scalliet, C.; Eyraud-Loisel, A.; Loisel, S. Impact of Climate Change on Heat Wave Risk. Risks 2013, 1, 176-191.
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Biard R, Blanchet-Scalliet C, Eyraud-Loisel A, Loisel S. Impact of Climate Change on Heat Wave Risk. Risks. 2013; 1(3):176-191.
Biard, Romain; Blanchet-Scalliet, Christophette; Eyraud-Loisel, Anne; Loisel, Stéphane. 2013. "Impact of Climate Change on Heat Wave Risk." Risks 1, no. 3: 176-191.
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