✦ LIBER ✦

Optimal hedging under output price uncertainty

✍ Scribed by Bala G. Arshanapalli; Omprakash K. Gupta

Publisher: Elsevier Science
Year: 1996
Tongue: English
Weight: 916 KB
Volume: 95
Category: Article
ISSN: 0377-2217
DOI: 10.1016/0377-2217(95)00306-1

No coin nor oath required. For personal study only.

📜 SIMILAR VOLUMES

Hedging, liquidity, and the competitive

Hedging, liquidity, and the competitive firm under price uncertainty

✍ Kit Pong Wong 📂 Article 📅 2004 🏛 John Wiley and Sons 🌐 English ⚖ 98 KB

## Abstract In this paper, the behavior of the competitive firm under price uncertainty when the firm has access to an intertemporally unbiased futures market is examined. Futures contracts are marked‐to‐market and thus require interim cash settlement of gains and losses. The firm is subject to a l

Hedging under counterparty credit uncert

Hedging under counterparty credit uncertainty

✍ Olivier Mahul; J. David Cummins 📂 Article 📅 2008 🏛 John Wiley and Sons 🌐 English ⚖ 305 KB

## Abstract This study investigates optimal production and hedging decisions for firms facing price risk that can be hedged with vulnerable contracts, i.e., exposed to nonhedgeable endogenous counterparty credit risk. When vulnerable forward contracts are the only hedging instruments available, the

A note on output hedging with cost uncer

A note on output hedging with cost uncertainty

✍ Moawia Alghalith 📂 Article 📅 2006 🏛 John Wiley and Sons 🌐 English ⚖ 94 KB

## Abstract Using a general framework and a multiple‐input technology, we thoroughly investigate the hedging and production decisions under cost uncertainty. In doing so, we show the impact of the cost risk on the optimal output, hedge and hedge ratio. Copyright © 2006 John Wiley & Sons, Ltd.

Estimation and econometric tests under p

Estimation and econometric tests under price and output uncertainties

✍ Moawia Alghalith 📂 Article 📅 2007 🏛 John Wiley and Sons 🌐 English ⚖ 89 KB

Optimal Two-part Pricing under Cost Unce

Optimal Two-part Pricing under Cost Uncertainty

✍ Kit Pong Wong 📂 Article 📅 2011 🏛 John Wiley and Sons 🌐 English ⚖ 126 KB

This paper examines the optimal two‐part pricing under cost uncertainty. We consider a risk‐averse monopolistic firm that is subject to a cost shock to its constant marginal cost of production. The firm uses two‐part pricing to sell its output to a continuum of heterogeneous consumers. We show that

Production and hedging under Knightian u

Production and hedging under Knightian uncertainty

✍ Lien, Donald 📂 Article 📅 2000 🏛 John Wiley and Sons 🌐 English ⚖ 156 KB

This article introduces Knightian uncertainty into the production and futures hedging framework. The firm has imprecise information about the probability density function of spot or futures prices in the future. Decision-making under such scenario follows the "max-min" principle. It is shown that in