to past experience. This may assist with making decisions about selective hedging. Likewise, historical evidence may be … useful in evaluating expected returns from the use of put options. Results from simple hedging strategies using either …

of risk aversion that is based on the observed risk preferences of energy hedging market participants. The resulting …

currency derivatives. This is consistent with the theory that hedging increases the value of the firm. The type of instruments … unique in Thailand is that Thai businesses are less rigorous in their internal control of their currency hedging activities …. It is therefore recommended that companies consider a documented hedging policy and that senior management actively …

with and without hedging werecompared using the analogy of the value-at-risk measure (VaR), i.e., a quantile … weather variables into the stochastic distributions for grainyield and economic returns. Depending on location, hedging … tospatial heterogeneity of precipitation. The results also showed that hedging might provide avalid risk transfer since loading …

A theoretical optimal hedging model is developed to determine potential demand from Australianfarmers for a hedging … many hurdles toimplementing agricultural weather derivative contracts in Australia. The optimal hedging ratio isfound to be …