Growth
2-3. Benefits of Weather Derivatives
2-4. An Example – Temperature Derivatives
1) Measuring daily index value
HDD(Heating Degree Day) = Max(0, B-X)
CDD(Cooling Degree Day) = Max(0, X-B)
X: a day’s average temperature, B: base temperature(65oF)
Exotic Derivatives usually refers to more
complex and unusual derivative contracts that depend on the value of some spe
Ⅰ. Origins and history
1. Early days
The ILO was created in 1919, as part of the Treaty of Versailles that ended World War I, to reflect the belief that universal and lasting peace can be accomplished only if it is based on social justice. The Constitution was drafted between January and April, 1919, by the Labour Commission set up by the Peace Conference. The Commission was composed of
Growth
With the increasing rate of Smartphone penetration, mobile information services using personal information is becoming progressively important. As global Smartphone penetration increases, 80% of Smartphone users are expected to use LBS (by 2013) and the global market for mobile LBS will increase from $2.1 billion (2009) to $18.3 billion by 2015 with the Compound Annual Growth Rate of 43%.
Ⅰ. Introduction
1. Presentation of the country
Denmark is the smallest in size and southernmost of the Nordic countries. It is also the oldest. Located north of its only land neighbour, Germany, southwest of Sweden, and south of Norway, it is located in northern Europe. From a cultural point of view, Denmark belongs to the family of Scandinavian countries although not located on the
Technology
○ Patent
∘ Fermentation Control : It is a method for protecting the product from air outside, and controling enzyme activity. The advantege of this method is that it help extend expiration date of Makkoli to triple.
∘ Raw-rice Fermentation : It is restored of traditional brewing traditional wine technique. Brewing in this way, it doesn't need to steam rice so that