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operations of a grain importing firm. The concept of strategic demand for hedging was developed in the context of an analytical …The presence of multiple sources of uncertainty complicates hedging decisions. One of these is the output price and its … correlation with input prices. The other is how far forward a firm covers its positions. This study analyzes hedging strategies …
Persistent link: https://www.econbiz.de/10005310950
operations of a grain importing firm. The concept of strategic demand for hedging was developed in the context of an analytical …The presence of multiple sources of uncertainty complicates hedging decisions. One of these is the output price and its … correlation with input prices. The other is how far forward a firm covers its positions. This study analyzes hedging strategies …
Persistent link: https://www.econbiz.de/10005477275
hedging their oil price risk. …
Persistent link: https://www.econbiz.de/10005605340
paper uses a natural experiment to identify a particular global arbitrage opportunity and shows that arbitrage risk hedging …
Persistent link: https://www.econbiz.de/10010906598
Economists and financial analysts have begun to recognise the importance of the actions of other agents in the decision-making process. Herding is the deliberate mimicking of the decisions of other agents. Examples of mimicry range from the choice of restaurant, fash-ion and financial market...
Persistent link: https://www.econbiz.de/10010907422
The study analyzes the reasons for defining bona fide hedging for regulatory purposes, deficiencies of the current … legal definitions, means for sidestepping the need to define hedging, how these means might work in practice, some problems …
Persistent link: https://www.econbiz.de/10010923010
Persistent link: https://www.econbiz.de/10011250461
market (JA market), agents have joint activities: they trade for both speculative and hedging purposes. It is shown that (i …
Persistent link: https://www.econbiz.de/10005155320
-94 on American petroleum markets. According to a specific definition of hedging, and on the basis of a detailed survey of …
Persistent link: https://www.econbiz.de/10005263542
We examine how information asymmetry affects a firm's incentive to hedge versus speculate by using foreign currency derivatives. We find a quadratic relation between asymmetric information and a firm's risk management activities. In particular, we find that the firms facing medium level of...
Persistent link: https://www.econbiz.de/10010540996