Exact(6)
In particular, we analyze whether the price variability of a future increases or decreases when the contract approaches maturity.
Samuelson (1965) argued that the volatility of the change in futures price increases as the contract approaches maturity.
Moreover, this rise in the trend in volatility is greater for the 1-month contract, suggesting that the gold futures trend is more volatile as the contract approaches the maturity date.
As a consequence of this relationship, as the elasticity of substitution approaches zero, the quantity produced under the optimal restrictive contract approaches the first-best quantity, while the distortion in the capital-effort ratio goes to zero.
For instance, an option contract is a wasting asset because the chances of a favorable move in the underlying stock diminishes as the contract approaches expiration, therefore reducing the value of the option.
Consequentialist, relational, human rights, and social contract approaches were considered.
Similar(53)
Aid experts criticized what they saw as the military's reflexive "big project, big contract" approach to aid.
As the Aug. 31 expiration of the new contract approached, Grady and Fresenius again tried to negotiate an extension.
The current block contract approach, and the lack of multi-year planning and funding frameworks, do not give mental health providers the tools and confidence they need.
The Linden City Council unanimously approved the garbage port in February, two years after Browning-Ferris Industries, which won New York City's contract, approached Domenick Pucillo, owner of the 50-acre site on the Arthur Kill, about obtaining a 20-year lease for the garbage barge port.
By employing a relational contract approach, we aim to investigate the optimal subsidy plan to provide incentives for quality improvement.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com