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Broll, Udo; Welzel, Peter; Kit, Pong Wong - In: German economic review 17 (2016) 2, pp. 192-205

Persistent link: https://www.econbiz.de/10011474092

Regret theory and the competitive firm revisited

Broll, Udo; Welzel, Peter; Kit, Pong Wong - In: Eurasian economic review : a journal in applied … 6 (2016) 3, pp. 481-487

Persistent link: https://www.econbiz.de/10011587683

Constant relative risk aversion and form equivalence classes

Battermann, Harald L.; Broll, Udo; Wahl, Jack E. - 1997

We derive a class of utility functions that are equivalent with respect to a well-defined functional form. We apply a …

Persistent link: https://www.econbiz.de/10009675762

Constant relative risk aversion and form equivalence classes

Battermann, Harald L. - 1997

Persistent link: https://www.econbiz.de/10013388229

Hedging and the regret theory of the competitive firm

Broll, Udo; Welzel, Peter; Wong, Kit Pong - 2019

is not only risk averse but also regret averse. Regret-averse preferences are characterized by a modified utility …

Persistent link: https://www.econbiz.de/10012112834

Utility functions of equivalent form and the effect of parameter changes on optimum decision making

Battermann, Harald L. (contributor); Broll, Udo (contributor) - 2006

We derive a class of utility functions that are equivalent with respect to a well-defined functional form. We study the … determine the, possibly infinite, number of equivalence classes when utility functions satisfy a specific form. Then we apply …