“Businesses have already developed over the years a number of adapting strategies to help them cope with the instability of the weather”, Laura Ballotta, Reader in Financial Mathematics at Cass Business School explored the innovative methods ski operators use to survive.
The one thing that’s common in the strategies is that they need heavy investment. However, such investments are highly risky. In this presentation, Ballotta shows us how to make smart investment decisions with the help of a model that takes into account seasonal changes.