Conveners
Session 1: Statistics in Finance and Energy Markets
- Ksenija Dumičić
The first cryptocurrency ever was Bitcoin, which was described in a white paper in 2008: Bitcoin: A Peer-to-Peer Electronic Cash System, edited by Satoshi Nakamoto. From 2008 to the present, there are approximately 10,000 crypto assets worth about $1.15 trillion. It seems that crypto-assets have become part of the financial culture.
The EU is one of the first which adopted comprehensive...
Natural gas is primarily used for heating and industrial purposes. Predicting its consumption is of vital importance in gas distribution. It is mostly influenced by weather conditions (mainly temperature), but there is also a human factor which is hard to quantify. An inaccurate prediction, whether higher or lower than the actual consumption, results in unwanted expense for the gas...
In practice, we often face the challenge of multiple testing, which, without appropriate corrections, may lead to too many rejected true null hypothesis (type I error rate). The challenge also needs to be dealt with in the energy sector of the economy. One such case is trading with emission coupons, which we address in this study. The purpose of emission coupons is to reduce the emissions of...
