Commodity Risk Management: Theory and Application

Commodity Risk Management: Theory and Application
ISBN-10
0415879299
ISBN-13
9780415879293
Category
Business & Economics
Pages
426
Language
English
Published
2013
Publisher
Routledge
Author
Geoffrey Poitras

Description

This book aims to cover the following general topics: development and assessment of theories for evaluating commodity risk; the role of derivative securities in managing commodity risk; and, an assessment of the actual management of commodity risk in specific situations. The primary contribution of the book is the explicit development of the often overlooked connection between risk management and speculation. The central theme is to demonstrate that commodity risk management decisions require an in depth understanding of speculative strategies. To this end, this book aims to provide a unified treatment of important concepts and techniques that are useful in applying derivative securities in the management of risk arising in commodity markets.

Similar books