메뉴 건너뛰기




Volumn 20, Issue 9, 2000, Pages 865-885

The motivation for hedging revisited

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0034396969     PISSN: 02707314     EISSN: None     Source Type: Journal    
DOI: 10.1002/1096-9934(200010)20:9<865::AID-FUT4>3.0.CO;2-5     Document Type: Article
Times cited : (15)

References (56)
  • 1
    • 0006928550 scopus 로고
    • Hedging and joint production, theory and illustrations
    • Anderson, R. W., & Danthine, J. P. (1980). Hedging and joint production, theory and illustrations. Journal or Finance, 35, 487-489.
    • (1980) Journal or Finance , vol.35 , pp. 487-489
    • Anderson, R.W.1    Danthine, J.P.2
  • 3
    • 0001596508 scopus 로고
    • Time and pattern of hedging and the volatility of futures prices
    • Anderson, R. W., & Danthine, J. P. (1983). Time and pattern of hedging and the volatility of futures prices. Review of Economic Studies, 50, 249-266.
    • (1983) Review of Economic Studies , vol.50 , pp. 249-266
    • Anderson, R.W.1    Danthine, J.P.2
  • 6
    • 0010832958 scopus 로고
    • Research on futures markets: Issues, approaches, and empirical findings
    • Blank, S. C. (1989). Research on futures markets: Issues, approaches, and empirical findings. Western Journal of Agricultural Economics, 14, 126-139.
    • (1989) Western Journal of Agricultural Economics , vol.14 , pp. 126-139
    • Blank, S.C.1
  • 7
    • 84915674322 scopus 로고
    • Some aspects of the theory of futures trading
    • Blau, G. (1944). Some aspects of the theory of futures trading. Review of Economic Studies, 12, 1-30.
    • (1944) Review of Economic Studies , vol.12 , pp. 1-30
    • Blau, G.1
  • 8
    • 0001772182 scopus 로고
    • Vertical trade relationships: The role of dependence and symmetry in attaining organizational goals
    • Buchanan, L. (1992). Vertical trade relationships: The role of dependence and symmetry in attaining organizational goals. Journal of Marketing Research, 29, 65-75.
    • (1992) Journal of Marketing Research , vol.29 , pp. 65-75
    • Buchanan, L.1
  • 10
    • 0001802171 scopus 로고
    • The contractual nature of the firm
    • Cheung, S. N. (1983). The contractual nature of the firm. Journal of Law & Economics, 26, 1-21.
    • (1983) Journal of Law & Economics , vol.26 , pp. 1-21
    • Cheung, S.N.1
  • 11
    • 84993907308 scopus 로고
    • Free cash flows, shareholder value, and the undistributed tax of 1936-1937
    • Christie, W. G., & Vikram, N. (1994). Free cash flows, shareholder value, and the undistributed tax of 1936-1937. Journal of Finance, 49, 1727-1754.
    • (1994) Journal of Finance , vol.49 , pp. 1727-1754
    • Christie, W.G.1    Vikram, N.2
  • 12
    • 0001028427 scopus 로고
    • Returns to speculators: Telser versus Keynes
    • Cootner, P. H. (1960). Returns to speculators: Telser versus Keynes. Journal of Political Economy, 62, 396-404.
    • (1960) Journal of Political Economy , vol.62 , pp. 396-404
    • Cootner, P.H.1
  • 13
    • 84881883321 scopus 로고
    • Pretia ex machina? Prices and process in long-term contracts
    • Crocker, K. J., & Masten, S. E. (1991). Pretia ex machina? Prices and process in long-term contracts. Journal of Law & Economics, 34, 69-99.
    • (1991) Journal of Law & Economics , vol.34 , pp. 69-99
    • Crocker, K.J.1    Masten, S.E.2
  • 14
    • 0002165527 scopus 로고
    • Information, futures prices, and stabilizing speculation
    • Danthine, J. P. (1978). Information, futures prices, and stabilizing speculation. Journal of Economic Theory, 17, 79-98.
    • (1978) Journal of Economic Theory , vol.17 , pp. 79-98
    • Danthine, J.P.1
  • 15
    • 8744258405 scopus 로고    scopus 로고
    • Investor psychology and security market under- and overreactions
    • Daniel, K., Hirshleifer, D., & Subrahmanyam, A. (1998). Investor psychology and security market under- and overreactions. Journal of Finance, 53, 1839-1885.
    • (1998) Journal of Finance , vol.53 , pp. 1839-1885
    • Daniel, K.1    Hirshleifer, D.2    Subrahmanyam, A.3
  • 16
    • 77957031257 scopus 로고
    • Financial decision making in markets and firms: A behavioral perspective
    • Jarrow, R. A., Maksimovic, V., & Ziemba, W. T. (Eds.). Amsterdam: North-Holland
    • DeBondt, W. F. M., & Thaler, R. H. (1995). Financial decision making in markets and firms: A behavioral perspective. In Jarrow, R. A., Maksimovic, V., & Ziemba, W. T. (Eds.), Finance. Handbooks in operations research and management science. Vol. 9. Amsterdam: North-Holland, pp. 385-410.
    • (1995) Finance. Handbooks in Operations Research and Management Science , vol.9 , pp. 385-410
    • DeBondt, W.F.M.1    Thaler, R.H.2
  • 17
    • 0001919990 scopus 로고
    • Dealer dependence levels and reciprocal actions in a channel of distribution in a developing country
    • Frazier, G. L., Gill, J. D., & Kale, S. H. (1989). Dealer dependence levels and reciprocal actions in a channel of distribution in a developing country. Journal of Marketing, 53, 50-69.
    • (1989) Journal of Marketing , vol.53 , pp. 50-69
    • Frazier, G.L.1    Gill, J.D.2    Kale, S.H.3
  • 18
    • 0001998802 scopus 로고
    • The theory of power and conflict in channels of distribution
    • Gaski, J. F. (1984). The theory of power and conflict in channels of distribution. Journal of Marketing, 48, 9-29.
    • (1984) Journal of Marketing , vol.48 , pp. 9-29
    • Gaski, J.F.1
  • 19
    • 0001629580 scopus 로고
    • The differential effects of exercised and unexercised power sources in a marketing channel
    • Gaski, J. F., & Nevin, J. R. (1985). The differential effects of exercised and unexercised power sources in a marketing channel. Journal of Marketing Research, 22, 130-142.
    • (1985) Journal of Marketing Research , vol.22 , pp. 130-142
    • Gaski, J.F.1    Nevin, J.R.2
  • 20
    • 0033468720 scopus 로고    scopus 로고
    • A meta-analysis of satisfaction in marketing channel relationships
    • Geyskens, I., Steenkamp, J. R. E. M., & Kumar, N. (1999). A meta-analysis of satisfaction in marketing channel relationships. Journal of Marketing, 36, 223-238.
    • (1999) Journal of Marketing , vol.36 , pp. 223-238
    • Geyskens, I.1    Steenkamp, J.R.E.M.2    Kumar, N.3
  • 23
    • 84928457211 scopus 로고
    • Returns to individual traders of futures: Aggregate results
    • Hartzmark, M. L. (1987). Returns to individual traders of futures: Aggregate results. Journal of Political Economy, 95, 1292-1306.
    • (1987) Journal of Political Economy , vol.95 , pp. 1292-1306
    • Hartzmark, M.L.1
  • 24
    • 0001780550 scopus 로고
    • Alliances in industrial purchasing: The determinants of joint action in buyer-supplier relationships
    • Heide, J. R., & George, J. (1990). Alliances in industrial purchasing: The determinants of joint action in buyer-supplier relationships. Journal of Marketing Research, 27, 24-36.
    • (1990) Journal of Marketing Research , vol.27 , pp. 24-36
    • Heide, J.R.1    George, J.2
  • 25
    • 0003874095 scopus 로고
    • London: Oxford University Press
    • Hicks, J. R. (1939). Value and capital. London: Oxford University Press.
    • (1939) Value and Capital
    • Hicks, J.R.1
  • 26
    • 84928839551 scopus 로고
    • Risk, futures pricing and the organization of production in commodity markets
    • Hirshleifer, D. (1988). Risk, futures pricing and the organization of production in commodity markets. Journal of Political Economy, 96, 1206-1220.
    • (1988) Journal of Political Economy , vol.96 , pp. 1206-1220
    • Hirshleifer, D.1
  • 28
    • 0000481829 scopus 로고
    • Hedging and the competitive firm under price uncertainty
    • Holthausen, D. M. (1979). Hedging and the competitive firm under price uncertainty. American Economic Review, 69, 989-995.
    • (1979) American Economic Review , vol.69 , pp. 989-995
    • Holthausen, D.M.1
  • 29
    • 84963056817 scopus 로고
    • The theory of hedging and speculation in commodity futures
    • Johnson, L. (1960). The theory of hedging and speculation in commodity futures. Review of Economic Studies, 27, 139-151.
    • (1960) Review of Economic Studies , vol.27 , pp. 139-151
    • Johnson, L.1
  • 30
    • 0003110335 scopus 로고
    • Contribution in symposium on the theory of the forward market
    • Kaldor, N. (1939). Contribution in Symposium on the theory of the forward market. Review of Economic Studies, 7, 1-27.
    • (1939) Review of Economic Studies , vol.7 , pp. 1-27
    • Kaldor, N.1
  • 31
    • 0000300619 scopus 로고
    • Manufacturer's power and influence strategies within distribution channels in a developing country
    • Kale, S. H. (1986). Manufacturer's power and influence strategies within distribution channels in a developing country. Journal of Marketing Research, 23, 387-393.
    • (1986) Journal of Marketing Research , vol.23 , pp. 387-393
    • Kale, S.H.1
  • 32
    • 84979339948 scopus 로고
    • Issues in futures markets: A survey
    • Kamara, A. (1982). Issues in futures markets: A survey. Journal of Futures Markets, 2, 261-294.
    • (1982) Journal of Futures Markets , vol.2 , pp. 261-294
    • Kamara, A.1
  • 34
    • 0000064327 scopus 로고
    • Sources of power: Their impact on intrachannel conflict
    • Lusch, R. F. (1976). Sources of power: Their impact on intrachannel conflict. Journal of Marketing Research, 13, 382-390.
    • (1976) Journal of Marketing Research , vol.13 , pp. 382-390
    • Lusch, R.F.1
  • 38
    • 21844483250 scopus 로고
    • Has power shifted in the grocery channel?
    • Messinger, P. R., & Narasimhan, C. (1995). Has power shifted in the grocery channel? Marketing Science, 14, 189-223.
    • (1995) Marketing Science , vol.14 , pp. 189-223
    • Messinger, P.R.1    Narasimhan, C.2
  • 39
    • 0003116555 scopus 로고
    • Performance outcomes of purchasing arrangements in industrial buyer-vendor relationships
    • Noordewier, T. G., George, J., & Nevin, J. R. (1990). Performance outcomes of purchasing arrangements in industrial buyer-vendor relationships. Journal of Marketing, 54, 80-93.
    • (1990) Journal of Marketing , vol.54 , pp. 80-93
    • Noordewier, T.G.1    George, J.2    Nevin, J.R.3
  • 40
    • 0039537296 scopus 로고
    • Hedging your advice: Do portfolio models explain hedging?
    • Peck, A. E., & Nahmias, A. M. (1989). Hedging your advice: Do portfolio models explain hedging? Food Research Institute Studies, 21, 193-204.
    • (1989) Food Research Institute Studies , vol.21 , pp. 193-204
    • Peck, A.E.1    Nahmias, A.M.2
  • 42
    • 0030548980 scopus 로고    scopus 로고
    • A comparison of behavioral alternative models in the context of the theory of reasoned action
    • Putte van den, B., Hoogstraten, J., & Meertens, R. (1996). A comparison of behavioral alternative models in the context of the theory of reasoned action. British Journal of Social Psychology, 35, 257-266.
    • (1996) British Journal of Social Psychology , vol.35 , pp. 257-266
    • Putte Van Den, B.1    Hoogstraten, J.2    Meertens, R.3
  • 44
    • 0031312752 scopus 로고    scopus 로고
    • Transaction cost analysis: Past, present, and future applications
    • Rindfleisch, A., & Heide, J. B. (1997). Transaction cost analysis: Past, present, and future applications. Journal of Marketing, 61, 30-54.
    • (1997) Journal of Marketing , vol.61 , pp. 30-54
    • Rindfleisch, A.1    Heide, J.B.2
  • 45
    • 0002892126 scopus 로고
    • Optimal hedging under price and quantity uncertainly: The case of a cocoa producer
    • Rolfo, J. (1980). Optimal hedging under price and quantity uncertainly: The case of a cocoa producer. Journal of Political Economy, 88, 100-116.
    • (1980) Journal of Political Economy , vol.88 , pp. 100-116
    • Rolfo, J.1
  • 47
    • 0001207687 scopus 로고
    • The simultaneous determination of spot and futures prices
    • Stein, J. L. (1961). The simultaneous determination of spot and futures prices. American Economic Review, 51, 1012-1025.
    • (1961) American Economic Review , vol.51 , pp. 1012-1025
    • Stein, J.L.1
  • 49
    • 0032373171 scopus 로고    scopus 로고
    • Market-based assets and shareholder value: A framework for analysis
    • Srivastava, R. K., Shervani, T. A., & Fahey, L. (1998). Market-based assets and shareholder value: A framework for analysis. Journal of Marketing, 62, 2-18.
    • (1998) Journal of Marketing , vol.62 , pp. 2-18
    • Srivastava, R.K.1    Shervani, T.A.2    Fahey, L.3
  • 50
    • 5544304781 scopus 로고
    • Why there are organized futures markets?
    • Telser, L. G. (1981). Why there are organized futures markets? Journal of Law & Economics, 24, 1-22.
    • (1981) Journal of Law & Economics , vol.24 , pp. 1-22
    • Telser, L.G.1
  • 52
    • 0000641188 scopus 로고
    • The theory of the price of storage
    • Working, H. (1949). The theory of the price of storage. American Economic Review, 39, 150-166.
    • (1949) American Economic Review , vol.39 , pp. 150-166
    • Working, H.1
  • 54
    • 0011655475 scopus 로고
    • New concepts concerning futures markets and prices
    • Working, H. (1962). New concepts concerning futures markets and prices. American Economic Review, 52, 431-459.
    • (1962) American Economic Review , vol.52 , pp. 431-459
    • Working, H.1
  • 55
    • 0011591153 scopus 로고
    • Tests of a theory concerning floor trading on commodity exchanges
    • Working, H. (1967). Tests of a theory concerning floor trading on commodity exchanges. Food Research Institute Studies, 7, 5-48.
    • (1967) Food Research Institute Studies , vol.7 , pp. 5-48
    • Working, H.1
  • 56
    • 44049114206 scopus 로고
    • Optimal hedging by firms with multiple sources of risky revenues
    • Zilcha, I., & Broll, U. (1992). Optimal hedging by firms with multiple sources of risky revenues. Economics Letters, 39, 473-477.
    • (1992) Economics Letters , vol.39 , pp. 473-477
    • Zilcha, I.1    Broll, U.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.