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„Zeitinkonsistente Hedgingstrategien”, oder: Von der infiniten Genese arbiträrer Entscheidungsmodelle — Replik zur Stellungnahme von Wolfgang Breuer

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  • Wolfgang Kürsten

    (Friedrich Schiller Universität Jena)

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  • Wolfgang Kürsten, 1998. "„Zeitinkonsistente Hedgingstrategien”, oder: Von der infiniten Genese arbiträrer Entscheidungsmodelle — Replik zur Stellungnahme von Wolfgang Breuer," Schmalenbach Journal of Business Research, Springer, vol. 50(1), pages 54-58, January.
    • Handle: RePEc:spr:sjobre:v:50:y:1998:i:1:d:10.1007_bf03371491
    DOI: 10.1007/BF03371491
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    References listed on IDEAS

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    1. R. H. Strotz, 1955. "Myopia and Inconsistency in Dynamic Utility Maximization," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 23(3), pages 165-180.
    2. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    3. Steven M. Goldman, 1980. "Consistent Plans," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 47(3), pages 533-537.
    4. Lenos Trigeorgis, 1993. "Real Options and Interactions With Financial Flexibility," Financial Management, Financial Management Association, vol. 22(3), Fall.
    5. Charles Blackorby & David Nissen & Daniel Primont & R. Robert Russell, 1973. "Consistent Intertemporal Decision Making," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 40(2), pages 239-248.
    6. Keeney,Ralph L. & Raiffa,Howard, 1993. "Decisions with Multiple Objectives," Cambridge Books, Cambridge University Press, number 9780521438834, October.
    7. Kydland, Finn E & Prescott, Edward C, 1977. "Rules Rather Than Discretion: The Inconsistency of Optimal Plans," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 473-491, June.
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