haku: @author Viaene, J-M. / yhteensä: 3
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| Tekijä: | Viaene, J-M. Zilcha, I. |
| Otsikko: | The behavior of competitive exporting firms under multiple uncertainty. |
| Lehti: | International Economic Review
1998 : AUG, VOL. 39:3, p. 591-609 |
| Asiasana: | Exports Exchange rates Financial risk Price theory |
| Kieli: | eng |
| Tiivistelmä: | The authors examine the behavior of a competitive risk-averse exporting firms under multiple uncertainty, and to background uncertainty arising from cost and production. The aim of this study is fourfold - namely to look at the robustness of the results in traditional theory regarding the introduction of price uncertainty, the role of forward-futures markets in the presence of background uncertainty, the role of forwardfutures markets in the presence of background uncertainty, the implications of this framework to the separation and the double- hedging theorems, and the behavior of this firm when missing markets are gradually introduced. |
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