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Parimutuel Applications In Finance by Ken Baron, Paperback | Indigo Chapters
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Parimutuel Applications In Finance by Ken Baron, Paperback | Indigo Chapters
From Ken Baron
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Financial intermediaries typically offer derivatives to their customers only when they can hedge the exposures from these transactions. Baron and Lange show that parimutuel auctions can be used by financial intermediaries to offer derivatives without exposing themselves to risk. | Parimutuel Applications In Finance by Ken Baron, Paperback | Indigo Chapters