Broll, Udo; Eckwert, Bernhard - Fakultät Wirtschaftswissenschaften, Technische … - 2009
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 … the ex ante expected utility of the exporting firm. It is shown that more transparency on the foreign exchange market may …