Fakultat Fur Wirtschaftswissenschaften Und Statistik Universitat Konstanz Price Responsiveness and Market Conditions
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Background risk and the demand for state-contingent claims
Guenter Franke1, Richard C. Stapleton2, and Marti G. Subrahmanyam3 1 Fakultät für Wirtschaftswissenschaften und Statistik, University of Konstanz, 78457 Konstanz, GERMANY (e-mail: [email protected]) 2 University of Strathclyde, Strathclyde, UNITED KINGDOM and University of Melbourne, Melbourne, AUSTRALIA (e-mail: [email protected]) 3 Stern School of Business, New Yo...
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