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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 is not only risk averse but also regret averse. Regret-averse preferences are characterized by a modified utility function that includes disutility from having chosen ex-post...
Persistent link: https://www.econbiz.de/10012112834
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Kosten- und Größeneffizienz im Bankgewerbe : "data envelopment analysis" der bayerischen Genossenschaftsbanken
Welzel, Peter - 1996
Persistent link: https://www.econbiz.de/10000592638
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Hegemonialmacht oder "geschrumpfter Riese"? : Die neuere US-Handelspolitik aus spieltheoretischer Sicht
Welzel, Peter - In: Die USA am Beginn der neunziger Jahre : Politik, …, (pp. 177-199). 1993
Persistent link: https://www.econbiz.de/10001282205
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Strategische Handelspolitik : zu den ökonomischen Grenzen neo-protektionistischen Handelns
Welzel, Peter - In: Wirtschaftspolitik zwischen gesellschaftlichen …, (pp. 357-376). 1998
Persistent link: https://www.econbiz.de/10001304881
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A note on the time inconsistency of strategic trade policy
Welzel, Peter - In: Open economies review 3 (1992) 2, pp. 203-214
Persistent link: https://www.econbiz.de/10001126088
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Das Theorem vom Zweitbesten
Welzel, Peter - In: Wirtschaftswissenschaftliches Studium : WiSt ; … 23 (1994) 7, pp. 353-356
Persistent link: https://www.econbiz.de/10001162624
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Commitment by delegation : what is "strategic" about strategic alliances?
Welzel, Peter - In: Market evolution : competition and cooperation : …, (pp. 87-100). 1995
Persistent link: https://www.econbiz.de/10001316814
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Quadratic objective functions from ordinal data : towards reliable representations of policy makers' preferences
Welzel, Peter - In: Constructing scalar-valued objective functions : …, (pp. 195-214). 1997
Persistent link: https://www.econbiz.de/10001321732
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Strategic trade policy with internationally owned firms
Welzel, Peter - In: Bulletin of economic research 47 (1995) 3, pp. 221-232
Persistent link: https://www.econbiz.de/10001184073
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Hysterese im Außenhandel
Welzel, Peter - In: Wirtschaftswissenschaftliches Studium : WiSt ; … 21 (1992) 3, pp. 131-134
Persistent link: https://www.econbiz.de/10001119457