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Spatial allocation of capital : the role of risk preferences
Broll, Udo; Roldán-Ponce, Antoni; Wahl, Jack E. - 2010
This paper considers a model of spatial allocation of investment capital under uncertainty. We demonstrate that the spatial concentration of economic activity depends upon properties of risk preferences deeper than risk aversion. The degree of so-called relative prudence unambiguously decides...
Persistent link: https://www.econbiz.de/10003971025
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Spatial allocation of capital : the role of risk preferences
Broll, Udo; Roldán-Ponce, Antonio; Wahl, Jack E. - In: Spatial economic analysis : the journal of the Regional … 5 (2010) 4, pp. 389-398
Persistent link: https://www.econbiz.de/10009159594
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Capital mobility, skill formation and polarization
Beladi, Hamid; Marjit, Sugata; Broll, Udo - In: Economic modelling 28 (2011) 4, pp. 1902-1906
Persistent link: https://www.econbiz.de/10009272388
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Spatial allocation of capital: The role of risk preferences
Broll, Udo; Roldán-Ponce, Antonio; Wahl, Jack E. - 2010
This paper considers a model of spatial allocation of investment capital under uncertainty. We demonstrate that the spatial concentration of economic activity depends upon properties of risk preferences deeper than risk aversion. The degree of so-called relative prudence unambiguously decides...
Persistent link: https://www.econbiz.de/10010301356
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Reale und monetäre Außenwirtschaft : Einführung
Broll, Udo - 1993
Persistent link: https://www.econbiz.de/10000884577
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Foreign production and optimal hedging of risky revenues
Broll, Udo - 1994
Persistent link: https://www.econbiz.de/10000885070
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Indirect hedging of foreign currency exposure
Wahl, Jack E.; Broll, Udo; Zilcha, Itzhak - 1994
Persistent link: https://www.econbiz.de/10000885071
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Export, exchange rate risk and money market hedge
Broll, Udo; Hölscher, Luise - 1994
Persistent link: https://www.econbiz.de/10000890296
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A theory of overseas joint ventures
Marjit, Sugata; Broll, Udo; Mallick, Indrajit - 1994
Persistent link: https://www.econbiz.de/10000890297
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Resolving the credibility problem of an honest government : [a case for foreign investment subsidy]
Marjit, Sugata; Broll, Udo; Moitra, Bhaswar - 1994
Persistent link: https://www.econbiz.de/10000890298