Buch, Englisch, Band 494, 184 Seiten, Paperback, Format (B × H): 155 mm x 235 mm, Gewicht: 306 g
Buch, Englisch, Band 494, 184 Seiten, Paperback, Format (B × H): 155 mm x 235 mm, Gewicht: 306 g
Reihe: Lecture Notes in Economics and Mathematical Systems
ISBN: 978-3-540-67934-9
Verlag: Springer Berlin Heidelberg
Zielgruppe
Research
Autoren/Hrsg.
Weitere Infos & Material
1. Introduction.- 2. Derivatives Usage and Documentation.- 2.1 The Benefits of Derivatives for Non-financial Firms.- 2.2 ISDA Master Agreements.- 2.3 Legal Risk, Enforceability, and Insolvency Law.- 2.4 Summary.- 3. Incomplete Contracts and Security Design.- 3.1 An Overview of the Literature on Incomplete Contracts.- 3.2 The Basic Framework.- 3.3 A Benchmark Case: Bilateral Bargaining Without Derivatives.- 3.4 Numerical Examples.- 3.5 Summary.- 4. The Implications of Provisions in Master Agreements.- 4.1 The Basic Bargaining Framework with Multiple Claim.- 4.2 The Impact of Close-out Netting Provisions.- 4.3 Limited Two-way Payment Provisions.- 4.4 Collateralization of Derivatives Transactions.- 4.5 Numerical Examples.- 4.6 Summary.- 5. Two-sided Credit Risk.- 5.1 A Bilateral Bargaining Framework with Two-sided Credit Risk.- 5.2 Close-out Netting.- 5.3 Limited Two-way Payment Provisions.- 5.4 Numerical Examples.- 5.5 Summary.- 6. Conclusion and Outlook.- References.