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The firm under regret aversion
Broll, Udo; Welzel, Peter; Wong, Kit Pong - 2017
marginal effects of price uncertainty on production are both positive (negative) when regret aversion prevails if the random … of the price distribution as such plays a pivotal role in determining the regret-averse firm's production decision. …
Persistent link: https://www.econbiz.de/10011610383
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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 … difference between the actual profit and the maximum profit attained by making the optimal production and hedging decisions had …
Persistent link: https://www.econbiz.de/10012112910
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Futures hedging with basis risk and expectation dependence
Broll, Udo; Welzel, Peter; Kit, Pong Wong - In: International review of economics : journal of civil economy 62 (2015) 3, pp. 213-221
Persistent link: https://www.econbiz.de/10011391637
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Die Harmonisierung nationaler Produktionssubventionen in einem Zwei-Länder-Modell
Welzel, Peter - 1989
Persistent link: https://www.econbiz.de/10013283026
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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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The firm under regret aversion
Broll, Udo; Welzel, Peter; Kit, Pong Wong - 2017
marginal effects of price uncertainty on production are both positive (negative) when regret aversion prevails if the random … of the price distribution as such plays a pivotal role in determining the regret-averse firm's production decision. …
Persistent link: https://www.econbiz.de/10011610117
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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 … difference between the actual profit and the maximum profit attained by making the optimal production and hedging decisions had …
Persistent link: https://www.econbiz.de/10012112834
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Hedging and the regret theory of the firm
Broll, Udo; Welzel, Peter; Kit, Pong Wong - In: Decisions in economics and finance : a journal of … 47 (2024) 1, pp. 259-273
Persistent link: https://www.econbiz.de/10015044804