This paper is the first to study the hedging of price risk with uncertain payment dates, a frequent problem in practice …. It derives a variance-minimizing hedging strategy for two settings, the first employing linear contracts with different …

; forwards ; default risk ; hedging ; production …This paper studies the impact of counter-party default risk of forward contracts on a firm's production and hedging … preferences and general price distributions. This robustness result still holds if forwards are subject to additional basis risk …

This paper studies the impact of counter-party default risk of forward contracts on a firm's production and hedging … preferences and general price distributions. This robustness result still holds if forwards are subject to additional basis risk …

To study the impact of counter-party default risk of forward contracts on a firm’s production and hedging decisions, I …

This paper investigates corporate hedging under regret aversion. Regret-averse firms try to avoid deviations of their … hedging policy from the ex post best policy, an intuitive consideration if one has to justify one's decisions afterward. The … aversion reduces the hedging of price risk to avoid large regret in the case of increasing prices. The results show that regret …

This paper studies the hedging of price risk when payment dates are uncertain, a problem that frequently occurs in … practice. It derives and establishes the variance minimizing dynamic hedging strategy, using forward contracts with different … static hedging strategy is sufficient. …

This paper is the first to study the hedging of price risk with uncertain payment dates, a frequent problem in practice …. It derives a variance-minimizing hedging strategy for two settings, the first employing linear contracts with different …

static hedging strategy is sufficient. -- risk management ; hedging ; forwards ; uncertainty of time …This paper studies the hedging of price risk when payment dates are uncertain, a problem that frequently occurs in … practice. It derives and establishes the variance minimizing dynamic hedging strategy, using forward contracts with different …

additional delivery risk on hedgers. This paper derives the optimal production and futures hedging strategy for a risk …

This paper investigates corporate hedging under regret aversion. Regret-averse firms try to avoid deviations of their … hedging policy from the ex post best policy, an intuitive consideration if one has to justify one's decisions afterward. The … aversion reduces the hedging of price risk to avoid large regret in the case of increasing prices. The results show that regret …