Essays in nonparametric measures of changes in taste and hedging behavior with options

Autor:	Yong Sakong
Rok vydání:	2018
Předmět:	Microeconomics business.industry Taste (sociology) media_common.quotation_subject Parametric estimation Nonparametric statistics Economics Revenue Distribution (economics) Expected utility maximization business Futures contract media_common
Popis:	This dissertation consists of three self contained essays. The first develops and implements a method for measuring taste change that does not require any parametric estimation. The second essay shows how expected utility maximization problems can be solved when the distribution of prices or revenue is truncated. The third essay examines optimal hedging behavior of a firm faced with both price and output uncertainty, and who has access to both futures and options markets.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::5800e35344cefcac2c2e846ddc35a5b4 https://doi.org/10.31274/rtd-180813-9302 Zobrazit plný text záznamu