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Parimutuel Applications in Finance: New Markets for New Risks
Ken Baron
(Author)
·
Jeffrey Lange
(Author)
·
Palgrave MacMillan
· Paperback
Parimutuel Applications in Finance: New Markets for New Risks - Baron, Ken ; Lange, Jeffrey
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Origin: U.S.A.
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Synopsis "Parimutuel Applications in Finance: New Markets for New Risks"
Financial intermediaries typically offer derivatives to their customers only when they can hedge the exposures from these transactions. Baron and Lange show that parimutuel auctions can be used by financial intermediaries to offer derivatives without exposing themselves to risk.
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All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.
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