The paper analyzes the interactions between the precision of information, trade and welfare within a decision framework … of an exporting firm. Information in a financial market is described in terms of a publicly observable signal. With … higher transparency, the signal conveys more precise information about the random foreign exchange rate. More precise …

The paper analyzes the interactions between the precision of information, trade and welfare within a decision framework … of an exporting firm. Information in a financial market is described in terms of a publicly observable signal. With … higher transparency, the signal conveys more precise information about the random foreign exchange rate. More precise …

The paper examines the economic role of modelling information on the decision problem of an exporting firm under … exchange rate risk and hedging. Information is described in terms of market transparency, i.e., a publicly observable signal … conveys more information about the random foreign exchange rate. We analyze the interaction between market transparency and …

-principal for information procurement processes. Applying the (μ,σ)-principal facilitates and enhances firm internal communication … information levels. …