Article ID: | iaor1994135 |
Country: | United Kingdom |
Volume: | 44 |
Issue: | 5 |
Start Page Number: | 435 |
End Page Number: | 444 |
Publication Date: | May 1993 |
Journal: | Journal of the Operational Research Society |
Authors: | Edmond E.D., Bedri F. |
Keywords: | financial |
The international spot-market, risk-exposed, trading of a cotton merchant was studied. A price model for estimating a market price for cotton with varying characteristics was constructed. This formed the input for a trading decision model which predicted the outcome of the merchant taking risky positions.