Structural Uncertainty and Hedging Strategy: Concepts, Typology, and Determinants *

Key Points

• This research aims to define and categorize structural uncertainty and hedging strategies while exploring their key determinants.
• Conceptual analysis of structural uncertainty in various contexts.
• Development of a typology for hedging strategies.
• Identification of determinants influencing hedging strategies.
• Provides a clear framework for understanding structural uncertainty.
• Presents a typology of different hedging strategies.
• Identifies key factors that determine the effectiveness of these strategies.