Registro completo |
Provedor de dados: |
AgEcon
|
País: |
United States
|
Título: |
A Bayesian Implementation of the Standard Optimal Hedging Model: Parameter Estimation Risk and Subjective Views
|
Autores: |
Shi, Wei
Irwin, Scott H.
|
Data: |
2005-05-15
|
Ano: |
2005
|
Palavras-chave: |
Marketing
|
Resumo: |
We develop a Bayesian implementation of the standard optimal hedging model to analyze the impact of hedgers' subjective views on their hedging behavior. The results show the subjective views have a substantial impact on hedgers' optimal positions, explaining the large cross-sectional and time series variation of hedging positions in practice.
|
Tipo: |
Conference Paper or Presentation
|
Idioma: |
Inglês
|
Identificador: |
16221
http://purl.umn.edu/19155
|
Editor: |
AgEcon Search
|
Relação: |
American Agricultural Economics Association>2005 Annual meeting, July 24-27, Providence, RI
Selected Paper 136772
|
Formato: |
24
application/pdf
|
|