Hedging Scenarios Under Competition: Exploring the Impact of Competitors' Hedging Practices
dc.authorid | Senel, Ilhan Kerem/0000-0003-4496-5149 | |
dc.authorwosid | Senel, Ilhan Kerem/D-1153-2019 | |
dc.contributor.author | Fas, Genco | |
dc.contributor.author | Senel, Kerem | |
dc.coverage.doi | 10.1007/978-3-319-47172-3 | |
dc.date.accessioned | 2024-07-18T20:40:08Z | |
dc.date.available | 2024-07-18T20:40:08Z | |
dc.date.issued | 2017 | |
dc.department | İstanbul Bilgi Üniversitesi | en_US |
dc.description.abstract | Hedging without giving regard to what competitors are doing may actually increase the variance of profits as opposed to decreasing it. In this study, a market maker and an individual firm are taken as the players of a simultaneous game. We explore the impact of competitors' hedging practices on the optimal hedging policy of an individual firm by explicitly considering the other factors such as the level of pass-through of cost shocks and the level of profitability in the industry. Computational results are based on the simulations of an analytical model which incorporates a Nash equilibrium strategy. | en_US |
dc.identifier.doi | 10.1007/978-3-319-47172-3_15 | |
dc.identifier.endpage | 243 | en_US |
dc.identifier.isbn | 978-3-319-47172-3 | |
dc.identifier.isbn | 978-3-319-47171-6 | |
dc.identifier.issn | 1431-1941 | |
dc.identifier.scopus | 2-s2.0-85064940501 | en_US |
dc.identifier.scopusquality | Q4 | en_US |
dc.identifier.startpage | 225 | en_US |
dc.identifier.uri | https://doi.org/10.1007/978-3-319-47172-3_15 | |
dc.identifier.uri | https://hdl.handle.net/11411/6994 | |
dc.identifier.wos | WOS:000413939000017 | en_US |
dc.identifier.wosquality | N/A | en_US |
dc.indekslendigikaynak | Web of Science | en_US |
dc.indekslendigikaynak | Scopus | en_US |
dc.language.iso | en | en_US |
dc.publisher | Springer International Publishing Ag | en_US |
dc.relation.ispartof | Risk Management, Strategic Thinking and Leadership in The Financial Services Industry: A Proactive Approach to Strategic Thinking | en_US |
dc.relation.publicationcategory | Kitap Bölümü - Uluslararası | en_US |
dc.rights | info:eu-repo/semantics/closedAccess | en_US |
dc.subject | Substitutable Product | en_US |
dc.subject | Currency Derivatives | en_US |
dc.subject | Inventory Control | en_US |
dc.subject | Demand | en_US |
dc.subject | Exposure | en_US |
dc.subject | Industry | en_US |
dc.subject | Model | en_US |
dc.title | Hedging Scenarios Under Competition: Exploring the Impact of Competitors' Hedging Practices | |
dc.type | Book Chapter |