Financial Modelling in Commodity Markets

"A concise survey of arbitrage pricing models for commodities, this book may serve as an introduction to the subject and a textbook for a course on commodity price modeling with an eye toward implementation."

-Professor Andrea Roncoroni, ESSEC Business School

"This book represents a valuable synthesis of the most relevant classical concepts on commodity markets and of the related financial models. The theoretical arguments are presented in a clear and rigorous way, and a great effort is spent on proposing paradigmatic applications. A very informative methodological appendix assists the reader in grasping a great part of the computational details. I am strongly convinced that this work can effectively act as a textbook for high-level students as well as handbook for scholars."

-Professor Roy Cerqueti, Università degli Studi di Macerata

"Financial Modelling in Commodity Markets provides an accessible and clear introduction to important stochastic models for finance, with a special focus on energy markets. Different from competing textbooks, a particular emphasis is placed on the practical implementation of different models and techniques. The exercises at the end of each chapter represent a useful pedagogical tool. This book will be a valuable addition to the library of every graduate student and practitioner in the field."

-Professor Claudio Fontana, University of Padova