Similar Search Results

The Mises-Knight theory of uncertainty and its implications for entrepreneurship, equilibrium, and the theory of the firm

Bylund, Per L.; Manish, G. P. - In: Research in the history of economic thought and methodology 34 (2016) 2, pp. 305-336

Persistent link: https://www.econbiz.de/10012160952

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...

Persistent link: https://www.econbiz.de/10003980000

The theory of the managed firm (TMF)

Spender, J.-C. - In: Human systems management : HSM 34 (2015) 1, pp. 57-80

Persistent link: https://www.econbiz.de/10011316607

Project work uncertainties and the boundaries of the firm

Wadeson, Nigel - 2008

Persistent link: https://www.econbiz.de/10009749590

Optimal investment behavior for regret-averse competitive firms under price uncertainty

Huang, Jinwu - In: International journal of economics and finance 5 (2013) 8, pp. 109-120

Persistent link: https://www.econbiz.de/10009787184

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,sigma)-preference. In contrast to the literature our findings show...

Persistent link: https://www.econbiz.de/10003841926

Knowledge management, uncertainty, and an emergent theory of the firm

Spender, J.-C. - In: The strategic management of intellectual capital and …, (pp. 149-162). 2002

Persistent link: https://www.econbiz.de/10001726850

The Firm Under Uncertainty : Capital Structure and Background Risk

Broll, Udo - 2010

uncertainty. The firm faces additional sources of uncertainty that are aggregated into a background risk. We show that the firm … always chooses its optimal debt-equity ratio to minimize the weighted average cost of capital, irrespective of the risk …. When the background risk is either additive or multiplicative, we provide reasonable restrictions on the firm's preferences …

Persistent link: https://www.econbiz.de/10013143570

Hedging and the regret theory of the competitive firm

Broll, Udo; Welzel, Peter; Wong, Kit Pong - 2019

is not only risk averse but also regret averse. Regret-averse preferences are characterized by a modified utility … firm optimally increases (decreases) its futures position when the price risk possesses more positive (negative) skewness. …

Persistent link: https://www.econbiz.de/10012112834

Differential impact of uncertainty on exporting decision in risk-averse and risk-taking firms : evidence from Korean firms

Kim, Haeng-Sun - In: Seoul journal of economics 29 (2016) 3, pp. 379-409

Persistent link: https://www.econbiz.de/10011545943

1
2
3
4
5
6
7
8
9
10
Next
Last