Keywords: Optimal hedging strategy
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Journal Articles
Journal of Derivatives and Quantitative Studies: Seonmul yeon’gu (2002) 10 (1): 29–53.
Published: 31 May 2002
...Sang Jang Kwon; Soo Jong Kwak In this paper, we theoretically examine the optimal hedge strategy for a natural gas company. The use of natural gas derivatives to minimize consumers' per unit cost of natural gas consumed, or to minimize the upside risk associated with extreme bills would...

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