Search results
Results from the WOW.Com Content Network
A delta one product is a derivative with a linear, symmetric payoff profile. That is, a derivative that is not an option or a product with embedded options. Examples of delta one products are Exchange-traded funds, equity swaps, custom baskets, linear certificates, futures, forwards, exchange-traded notes, trackers, and Forward rate agreements ...
It assumes an economy with one consumer, one producer and two goods. The title " Robinson Crusoe " is a reference to the 1719 novel of the same name authored by Daniel Defoe . As a thought experiment in economics, many international trade economists have found this simplified and idealized version of the story important due to its ability to ...
Futures are often used since they are delta one instruments. Calls and options on futures may be priced similarly to those on traded assets by using an extension of the Black-Scholes formula, namely the Black model. For options on futures, where the premium is not due until unwound, the positions are commonly referred to as a fution, as they ...
Delta 1 may refer to: Delta One, financial derivatives products that have no optionality and as such have a delta very close to one; Delta One (business class), premier business class product for Delta Air Lines. Fairey Delta 1, a research airplane made by Fairey Aviation; Delta (rocket family), pre-Delta-II (Delta I) rockets
In the more general case of unequal market share, 1/H is called "equivalent (or effective) number of firms in the industry", N eqi or N eff. [ 12 ] [ 13 ] [ 14 ] An industry with 3 firms cannot have a lower Herfindahl than an industry with 20 firms when firms have equal market shares.
The two cash flows are usually referred to as "legs" of the swap; one of these "legs" is usually pegged to a floating rate such as LIBOR. This leg is also commonly referred to as the "floating leg". The other leg of the swap is based on the performance of either a share of stock or a stock market index. This leg is commonly referred to as the ...
The number of enterprises is only one, access is restricted or completely blocked, and the products produced and sold are unique and cannot be replaced by other products. The company has strong control and influence over the price of the entire market. Different market structures will also lead to different levels of social welfare.
In recent years, economists since the 1970s have sought to redefine the theory to make it more appropriate and relevant in modern economic societies. [4] Specifically, it looks at what assumptions can be made regarding number of inputs, quality, substitution and complementary products, and output co-production, quantity and quality.