. For example, the nature of monotonicity of the indifference curve depends on the underlying mean. Price hedging decisions …. -- Prospect theory ; mean-variance model ; indifference curve ; price uncertainty ; hedging …

Within the prospect theory the paper examines production and hedging decisions of a competitive firm under price … theory, mean-variance model, price uncertainty …

Consider a differentiated product market in which all consumers are fully informed about match value and price at the …-point distribution with respect to match value and price that will make them realize gains or losses if their eventually chosen product …-value dimension leads to a less competitive outcome, while loss aversion in the price dimension leads to a more competitive …