This quantitative study involved a path model approach to study why some of the key ethanol producers filed for bankruptcy after the commodities market price volatility of 2008. The path included analysis of the magnitude of cointegration of the futures prices of the key input a…
Stimulating economic development and growth has been difficult in Sub-Saharan Africa (SSA). In this three-essay dissertation, I examine and assess two strategies—market-based risk management through hedging, and growth through aid—that could potentially facilitate growth in SSA.…
Barrier options are widely used financial instruments with a long history. Because their payoff depends on whether or not the underlying asset has reached a predetermined barrier level, these options are cheaper than the corresponding standard options. This distinctive feature m…
"This book is ideally suited for an introductory undergraduate course on financial engineering. It explains the basic concepts of financial derivatives, including put and call options, as well as more complex derivatives such as barrier options and options on futures contracts. …
""In Global Derivatives: A Strategic Risk Management Perspective", Torben Juul Andersen has succeeded to gather in one book a complete and thorough summary and an easy-to-read explanation of all types of derivative instruments and their background, and their use in modern manage…
"This book discusses in detail the workings of financial markets and over-the-counter (OTC) markets, focusing specifically on standard and complex derivatives. The subjects covered range from the fundamental products in OTC markets, standard and exotic options, the concepts of v…
