Behrndt, Tapio; Chen, Ren-Raw - In: Journal of risk and financial management : JRFM 15 (2022) 6, pp. 1-20
As the energy market has grown in importance in recent decades, researchers have paid increasing attention to swing option contracts. Early studies evaluated the swing contract as if it were a financial derivative contract, by ignoring its storage constraints. Aided by recent advances in...