risk aversion aspects of enterprises, it is demonstrated that situations characterized by enhanced exchange rate volatility … may still lead to greater export trade volumes. -- Export ; Exchange Rate Volatility ; Risk Aversion ; Real Option …

exchange rate risk and hedging. Information is described in terms of market transparency, i.e., a publicly observable signal … result in higher or lower export production. -- Information ; transparency ; exchange rate risk ; hedging ; trade …

Instruments of risk mitigation play an important role in managing country risk within the foreign direct investment … (FDI) decision. Our study assesses country risk by state-dependent preferences and introduces futures contracts as a tool … of risk mitigation. We show that country risk assessments related to foreign direct investment do not matter if the …

need an approach explaining interdependent actions. Game theory is in a position to offer proper olutions. This paper … price are endogenously determined. -- Game theory ; Nash equilibrium ; option pricing ; real option …

We present a model of risk averse exporting firm subject to liquidity constraints. The firm enters an unbiased … futuresmarket to hedge exchange rate risk and may not be able to satisfy high margin calls. Then the firm is forced toprematurely …