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Parimutuel Applications in Finance : New Markets for New Risks
by Ken Baron and Jeffrey Lange
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Overview
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.
This item is Non-Returnable
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Details
- ISBN-13: 9781349520008
- ISBN-10: 1349520004
- Publisher: Palgrave MacMillan
- Publish Date: January 2007
- Dimensions: 9 x 6 x 0.69 inches
- Shipping Weight: 1 pounds
- Page Count: 278
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