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We argue that commodity input hedging is different from commodity output hedging. Output hedging can be detrimental to "sector play." Furthermore, firms with market power that hedge outputs have incentives to over-produce and distort market prices. In rational markets, such hedging will be expensive and we expect to see a negative relationship between hedging and market power in "output industries
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The weaving together of fragments under the heading of a “weak” theme has a long tradition in research. The strategy has, however, not been so popular after the 19th century, even though advocates of a more modern fragmentology can be found, e.g. in Walter Benjamin. For Benjamin, the artefacts truly showed themselves only when the context had disappeared or been forgotten. In this article we would
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The thermal inactivation of lyophilized chymotrypsin was studied at controlled water activities. At 60 °C the enzyme showed good stability except at aw 0.97, whereas at 75 °C considerable inactivation occured at most water activities. Increasing the amount of buffer on the preparation decreased the stability significantly. The optimal temperature of enzymatic activity was increased 14 °C, when the
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xtbcfe is a bootstrap-corrected fixed effects (LSDV) estimator for dynamic panel data models of general order. It estimates the specified model with the fixed effects estimator and corrects its small T bias (see Nickell, 1981) using a simplified but extended version of the approach presented in Everaert and Pozzi (2007). The algorithm evaluates the bias of the fixed effects estimator in a numerica
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Li et al-2017-movdis
11C‐PE2I and 18F‐Dopa PET for Assessing Progression Rate in Parkinson's: A Longitudinal Study 11C-PE2I and 18F-Dopa PET for Assessing Progression Rate in Parkinson’s: A Longitudinal Study Weihua Li, MSc,1† Nick P. Lao-Kaim, MSc,1† Andreas A. Roussakis, MD,1 Antonio Martı́n-Bastida, MD, MSc,1 Natalie Valle-Guzman, MSc,2 Gesine Paul, MD, PhD,3,4 Clare Loane, PhD,5 Håkan Widner, MD,
https://www.wcmm.lu.se/sites/wcmm.lu.se/files/li_et_al-2017-movdis.pdf - 2026-07-10
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Abstract not available
