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The Use of Mean-Variance for Commodity Futures and Options Hedging Decisions

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This study provides additional evidence of the usefulness of mean-variance procedures in the presence of options which can truncate and skew the returns distribution. Using a simulation analysis. price hedging decisions are examined for hog producers when options are available. Mean-variance results are contrasted with optimal decisions based on negative exponential and Cox-Rubinstein... https://www.gymnaziastore.com/product-category/rocking-chair/
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