A General Empirical Model of Hedging

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چکیده

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A general empirical model of hedging

ABSTRACT In this paper, we treat output as a decision variable. Moreover, we employ a general form of basis risk. Furthermore, we relax the statistical-independence assumption between the spot price and basis risk.

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ژورنال

عنوان ژورنال: Journal of Risk and Financial Management

سال: 2012

ISSN: 1911-8074

DOI: 10.3390/jrfm5010001