A determination of the minimum variance hedging ratio.' The strength of these results is mitigated, however, by two factors: First, the researchers assume (implicitly or explicitly) that the hedger has a quadratic utility function. This is well-known to be a problematic assumption, since quadratic u
Hedging ratios and cash/futures market linkages
β Scribed by Theobald, Michael; Yallup, Peter
- Publisher
- John Wiley and Sons
- Year
- 1997
- Tongue
- English
- Weight
- 218 KB
- Volume
- 17
- Category
- Article
- ISSN
- 0270-7314
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