000			01416 a2200205 4500
005			20181203114812.0
008			181127b xxu||||| |||| 00| 0 eng d
020			_a9781107091504
040			_cIIT Kanpur
041			_aeng
082			_a332.64 _bSo51e
100			_aSomanathan, T. V.
245			_aThe economics of derivatives _cT. V. Somanathan and V. Anantha Nageswaran
260			_bCambridge University Press _c2015 _aCambridge
300			_axv, 255p
520			_aWhile most books on derivatives discuss how they work, this book looks at the contributions of derivatives to overall economic well-being. It examines both the beneficial and adverse effects of derivatives trading from the perspectives of economic theory, empirical evidence and recent economic history. Aiming to present the concepts in a fair, non-ideological, non-mathematical and simple manner, and with the authors' own synthesis, it draws on economic insights from relevant work in other disciplines, particularly sociology and law. The book also presents some new theoretical ideas and recommendations towards a pragmatic and practical approach for policy-makers. The ultimate objective is to provide a basic conceptual framework which will help its readers form a judgement on whether, when and how derivatives are beneficial or harmful to the economy.
650			_aEconomics
700			_aNageswaran, V. Anantha
942			_cBK
999			_c559807 _d559807