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Export production and imperfect hedging
Broll, Udo - 1995
Persistent link: https://www.econbiz.de/10000907382
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The impact of regret on exports
Broll, Udo; Welzel, Peter; Kit, Pong Wong - In: German economic review 17 (2016) 2, pp. 192-205
Persistent link: https://www.econbiz.de/10011474092
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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
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Prospect theory and two moment model: the firm under price uncertainty
Broll, Udo; Egozcue, Martin; Wong, Wing Keung - 2009
Within the prospect theory the paper examines production and hedging decisions of a competitive firm under price … uncertainty. We consider the prospect theory for the firm's utility function in the two moment model known as (mu … theory, mean-variance model, price uncertainty …
Persistent link: https://www.econbiz.de/10003841926
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Prospect theory and hedging risks
Broll, Udo; Egozcue, Martín; Wong, Wing Keung; … - 2010
The prospect theory is one of the most popular decision-making theories. It is based on the S-shaped utility function …, unlike the von Neumann and Morgenstern (NM) theory, which is based on the concave utility function. The S-shape brings in … mathematical challenges: simple extensions and generalizations of NM theory into the prospect theory cannot be frequently achieved …
Persistent link: https://www.econbiz.de/10003980000
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Wechselkursschwankungen und Risikocontrolling
Broll, Udo; Wahl, Jack E. - In: Controlling : Zeitschrift für erfolgsorientierte … 17 (2005) 7, pp. 397-401
Persistent link: https://www.econbiz.de/10003026214
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Risikomanagement und Risikocontrolling mit Hilfe der Hedging-Effektivität
Broll, Udo; Wahl, Jack E. - In: Zeitschrift für das gesamte Kreditwesen : Pflichtblatt … 57 (2004) 22, pp. 1291-1293
Persistent link: https://www.econbiz.de/10002432375
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Hedging and the regret theory of the competitive firm
Broll, Udo; Welzel, Peter; Wong, Kit Pong - 2019
This paper examines the production and hedging decisions of the competitive firm under price uncertainty when the firm is not only risk averse but also regret averse. Regret-averse preferences are characterized by a modified utility function that includes disutility from having chosen ex-post...
Persistent link: https://www.econbiz.de/10012112834
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Prospect theory and hedging risks
Broll, Udo; Egozcue, Martín; Wong, Wing-Keung; … - 2010
The prospect theory is one of the most popular decision-making theories. It is based on the S-shaped utility function …, unlike the von Neumann and Morgenstern (NM) theory, which is based on the concave utility function. The S-shape brings in … mathematical challenges: simple extensions and generalizations of NM theory into the prospect theory cannot be frequently achieved …
Persistent link: https://www.econbiz.de/10010301357
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Auslandsproduktion und Wechselkursrisiko : eine einfache theoretische Analyse
Broll, Udo; Gilroy, Bernard Michael - 1986
Persistent link: https://www.econbiz.de/10004214608