Parimutuel Applications In Finance
Jeffrey Lange, Ken Baron
Palgrave Macmillan, 2007
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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.
- ISBN-13
- 9781349520008
- ISBN-10
- 1349520004
- Publisher
- Palgrave Macmillan
- Year
- 2007
- Publication date
- 2007-01-01
- Pages
- 278
- Dimensions
- 229x152x