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portada Parimutuel Applications in Finance: New Markets for New Risks
Type
Physical Book
Author
Publisher
Language
English
Pages
278
Format
Paperback
Dimensions
22.9x15.2x1.8 cm
Weight
0.45 kg.
ISBN13
9781349520008
Categories

Parimutuel Applications in Finance: New Markets for New Risks

Ken Baron (Author) · Jeffrey Lange (Author) · Palgrave MacMillan · Paperback

Parimutuel Applications in Finance: New Markets for New Risks - Baron, Ken ; Lange, Jeffrey

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Synopsis "Parimutuel Applications in Finance: New Markets for New Risks"

Financial intermediaries typically offer derivatives to their customers only when they can hedge the exposures from these transactions. Baron and Lange show that parimutuel auctions can be used by financial intermediaries to offer derivatives without exposing themselves to risk.

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