ISBN: 9781332259960 - estimating the strategic value of long-term forward purchase contracts using auction models (classic reprint) (3 risultati)

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condizione: New. Print on Demand. This book develops a framework to estimate the value of forward contracts in negotiations between manufacturers and prospective buyers. By modeling the negotiation process as a competitive auction, the author quantifies the impact of strategic factors on contract value, extending existing arbitrage methods that assume a competitive market with negligible strategic effects. The book provides a nuanced understanding of the conditions under which forward contracts are valuable to a producer and how to estimate this value, a crucial element that has been missing from previous literature on forward contracting. The author demonstrates the application of this model to real-world examples, such as natural gas take-or-pay contracts, to illustrate the insights this framework offers. This book will appeal to economists, business strategists, and anyone interested in the interplay of strategy and contracting in industries characterized by large fixed costs and long-term relationships. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…