LIBROS DEL AUTOR: andreas rothig

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  • Microeconomic Risk Management and Macroeconomic Stability
    Andreas Röthig
    'The essence of a hedging contract is a coincident purchase and sale in two markets which are expected to behave in such a way that any loss realized in one will be offset by an equivalent gain in the other. If such behavior follows a perfect hedge has been effected. ' Hardy and Lyon (1923, p. 276). 1. 1 LiteratureReviewandMotivation In the traditiona...
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