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

Date
1991
Authors
Sakong, Yong
Journal Title
Journal ISSN
Volume Title
Publisher
Source URI
Altmetrics
Authors
Research Projects
Organizational Units
Economics
Organizational Unit
Journal Issue
Series
Abstract

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.

Description
Keywords
Economics
Citation