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Item Details
| Title:
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PARIMUTUEL APPLICATIONS IN FINANCE
NEW MARKETS FOR NEW RISKS |
| By: |
Ken Baron, Jeffrey Lange |
| Format: |
Hardback |
| List price:
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£176.00 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
1403939500 |
| ISBN 13: |
9781403939500 |
| Publisher: |
PALGRAVE USA |
| Pub. date: |
1 July, 2005 |
| Series: |
Finance and Capital Markets Series |
| Pages: |
278 |
| Description: |
Baron and Lange include details of parimutual wagering, an introduction to parimutual applications in finance, the mathematics of parimutual applications in finance, mathematical theorems, and numerical solution techniques. |
| Synopsis: |
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. |
| Illustrations: |
XXVII, 278 p. |
| Publication: |
US |
| Imprint: |
Palgrave Macmillan |
| Returns: |
Returnable |
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