Broll, Udo; Eckwert, Bernhard - Fakultät Wirtschaftswissenschaften, Technische … - 2009
The paper examines the economic role of modelling information on the decision problem of an exporting firm under … exchange rate risk and hedging. Information is described in terms of market transparency, i.e., a publicly observable signal … conveys more information about the random foreign exchange rate. We analyze the interaction between market transparency and …