4. The Social Functions of Financial Derivatives

  1. Robert W. Kolb and
  2. James A. Overdahl
  1. Christopher L. Culp

Published Online: 29 NOV 2011

DOI: 10.1002/9781118266403.ch4

Financial Derivatives: Pricing and Risk Management

Financial Derivatives: Pricing and Risk Management

How to Cite

Kolb, R. W. and Overdahl, J. A. (2009) The Social Functions of Financial Derivatives, in Financial Derivatives: Pricing and Risk Management, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9781118266403.ch4

Publication History

  1. Published Online: 29 NOV 2011
  2. Published Print: 19 OCT 2009

ISBN Information

Print ISBN: 9780470499108

Online ISBN: 9781118266403

SEARCH

Keywords:

  • financial derivatives;
  • facilitating risk transfer;
  • allocation of resources;
  • alternative asset classes;
  • social benefits

Summary

This chapter contains sections titled:

  • Hedging and Risk Transfer

  • Price Discovery

  • Intertemporal Resource Allocation

  • Asset Finance

  • Synthetic Asset Allocation

  • Endnotes

  • Further Reading

  • About the Author