Broll, Udo; Wahl, Jack E.; Wessel, Christoph - Fakultät Wirtschaftswissenschaften, Technische … - 2008
This paper studies a Cournot duopoly in international trade so that the firms are exposed to exchange rate risk. A hedging opportunity is introduced by a forward market where the foreign currency can be traded on. We investigate two settings: First we assume that hedging and output decisions are...
