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Parimutuel Applications in Finance|Ken Baron

Parimutuel Applications in Finance : New Markets for New Risks

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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.

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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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