Financial intermediaries typically offer derivatives to their customers only when they can hedge the exposures from these transactions. Baron and Lange show that parimutuel auctions can be used by financial intermediaries to offer derivatives without exposing themselves to risk.
Financial intermediaries typically offer derivatives to their customers only when they can hedge the exposures from these transactions. Baron and Lang...
Lange examines the 1940s and early 1950s as the most crucial period in country music s transformation from a rural, southern folk art form to a national phenomenon. He shows how country music and its audience became more sophisticated and how subgenres blended with one another and with American popular music."
Lange examines the 1940s and early 1950s as the most crucial period in country music s transformation from a rural, southern folk art form to a nation...
