| Tekijä: | Pennings, J.M.E. Candel, M.J.J.M. Egelkraut, T.M. |
| Otsikko: | A behavioral decision-making modeling approach toward hedging services |
| Lehti: | Journal of behavioral finance
2003 : VOL. 4:2, p. 71-84 |
| Asiasana: | Behavioural science Decision making Financial services Hedging |
| Kieli: | eng |
| Tiivistelmä: | A behavioural approach is taken toward the market for hedging services. A behavioural decision making model that provides insights into how and why owner-managers decide the way they do regarding hedging services is developed. Insight into those choice processes reveals information financial institutions need to improve the design of their financial products. The key elements of the model are related to the characteristics of the owner-managers, thereby exploring the decision units' evaluations of the hedging services provided by futures exchanges. |
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