Answer to Question 1
Buyers and sellers of futures contracts have symmetric rights. Buyers and sellers of options contracts have asymmetric rights. Options represent the right to buy or sell the underlying asset. This means that buyers have rights, but sellers have obligations.
Answer to Question 2
The divine coincidence applies when policy makers are able to respond to a single shock at a time. If shocks occur at a faster pace than policies can be implemented, then policies may be destabilizing. The argument that the economy's self-correcting mechanism is too slow cannot justify policies that, in practice, are even slower.
Results from sequential study of two cohorts tested at three ages and at three different points in t
Women who are monozygotic twins and have the same genes are more similar in their marital happiness
Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo
Failure of the Equal Rights Amendment, 1972–1982
Remember the “ten rights” when administering medications.
How reciprocal functions compare to the parent function