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- W2362956557 abstract "This paper surveys the evidence available on the determinants of new financial product innovation, in order to ascertain causes of the explosive growth in derivatives over the past decade. That discussion focuses upon the incentives for innovation generally and for development of specific products, and examines the process of product development. The focus then turns to the question of what constitutes a successful innovation, and what factors can be identified which explain successes and failures. The paper concludes with some discussion of derivatives which have been successes and failures in the Australian market, and of some proposed potentially attractive derivatives, which have not been brought" @default.
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- W2362956557 date "2009-01-01" @default.
- W2362956557 modified "2023-09-23" @default.
- W2362956557 title "Innovations in Derivative Securities: Successes and Failures" @default.
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