. Finally we assess the role of risk, finding little evidence that risk-aversion drives a wedge between market prices and …

well calibrated. Finally we assess the role of risk, finding little evidence that risk-aversion drives a wedge between …

This paper studies the hedging of price risk when payment dates are uncertain, a problem that frequently occurs in … static hedging strategy is sufficient. -- risk management ; hedging ; forwards ; uncertainty of time …

The paper studies an duopoly with risk averse firms exposed to demand uncertainty. A risk sharing market is introduced …