{"id":"https://openalex.org/W2952025076","doi":"https://doi.org/10.1007/s00780-016-0309-z","title":"Hedging with small uncertainty aversion","display_name":"Hedging with small uncertainty aversion","publication_year":2016,"publication_date":"2016-09-15","ids":{"openalex":"https://openalex.org/W2952025076","doi":"https://doi.org/10.1007/s00780-016-0309-z","mag":"2952025076"},"language":"en","primary_location":{"id":"doi:10.1007/s00780-016-0309-z","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s00780-016-0309-z","pdf_url":null,"source":{"id":"https://openalex.org/S172526255","display_name":"Finance and Stochastics","issn_l":"0949-2984","issn":["0949-2984","1432-1122"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance and Stochastics","raw_type":"journal-article"},"type":"preprint","indexed_in":["arxiv","crossref","datacite"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://arxiv.org/pdf/1605.06429","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5071942571","display_name":"Sebastian Herrmann","orcid":"https://orcid.org/0000-0003-2372-9243"},"institutions":[{"id":"https://openalex.org/I27837315","display_name":"University of Michigan\u2013Ann Arbor","ror":"https://ror.org/00jmfr291","country_code":"US","type":"education","lineage":["https://openalex.org/I27837315"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Sebastian Herrmann","raw_affiliation_strings":["Department of Mathematics, University of Michigan, 530 Church Street, Ann Arbor, MI, 48109, USA","\u2020University of Michigan"],"affiliations":[{"raw_affiliation_string":"Department of Mathematics, University of Michigan, 530 Church Street, Ann Arbor, MI, 48109, USA","institution_ids":["https://openalex.org/I27837315"]},{"raw_affiliation_string":"\u2020University of Michigan","institution_ids":["https://openalex.org/I27837315"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5018432446","display_name":"Johannes Muhle\u2010Karbe","orcid":"https://orcid.org/0000-0002-9165-2244"},"institutions":[{"id":"https://openalex.org/I27837315","display_name":"University of Michigan\u2013Ann Arbor","ror":"https://ror.org/00jmfr291","country_code":"US","type":"education","lineage":["https://openalex.org/I27837315"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Johannes Muhle-Karbe","raw_affiliation_strings":["Department of Mathematics, University of Michigan, 530 Church Street, Ann Arbor, MI, 48109, USA","Department of Mathematics, University of Michigan, Ann Arbor., USA"],"affiliations":[{"raw_affiliation_string":"Department of Mathematics, University of Michigan, 530 Church Street, Ann Arbor, MI, 48109, USA","institution_ids":["https://openalex.org/I27837315"]},{"raw_affiliation_string":"Department of Mathematics, University of Michigan, Ann Arbor., USA","institution_ids":["https://openalex.org/I27837315"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5015522850","display_name":"Frank Thomas Seifried","orcid":null},"institutions":[{"id":"https://openalex.org/I89864525","display_name":"Universit\u00e4t Trier","ror":"https://ror.org/02778hg05","country_code":"DE","type":"education","lineage":["https://openalex.org/I89864525"]}],"countries":["DE"],"is_corresponding":false,"raw_author_name":"Frank Thomas Seifried","raw_affiliation_strings":["Department IV \u2013 Mathematics, Universit\u00e4t Trier, Universit\u00e4tsring 19, 54296, Trier, Germany","Department IV \u2013 Mathematics, Universit\u00e4t Trier, Trier, Germany"],"affiliations":[{"raw_affiliation_string":"Department IV \u2013 Mathematics, Universit\u00e4t Trier, Universit\u00e4tsring 19, 54296, Trier, Germany","institution_ids":["https://openalex.org/I89864525"]},{"raw_affiliation_string":"Department IV \u2013 Mathematics, Universit\u00e4t Trier, Trier, Germany","institution_ids":["https://openalex.org/I89864525"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5071942571"],"corresponding_institution_ids":["https://openalex.org/I27837315"],"apc_list":{"value":2290,"currency":"EUR","value_usd":2890},"apc_paid":null,"fwci":0.0,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":{"value":0.39268285,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"21","issue":"1","first_page":"1","last_page":"64"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.9988999962806702,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.9988999962806702,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9915000200271606,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11413","display_name":"Risk and Portfolio Optimization","score":0.9900000095367432,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/volatility","display_name":"Volatility (finance)","score":0.6883583664894104},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.6684771180152893},{"id":"https://openalex.org/keywords/derivative","display_name":"Derivative (finance)","score":0.5879835486412048},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.5720701217651367},{"id":"https://openalex.org/keywords/asset","display_name":"Asset (computer security)","score":0.4680846333503723},{"id":"https://openalex.org/keywords/risk-aversion","display_name":"Risk aversion (psychology)","score":0.4596068859100342},{"id":"https://openalex.org/keywords/cash","display_name":"Cash","score":0.4544811546802521},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.42681336402893066},{"id":"https://openalex.org/keywords/expected-utility-hypothesis","display_name":"Expected utility hypothesis","score":0.22487160563468933},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.11739581823348999},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.0960654616355896}],"concepts":[{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.6883583664894104},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6684771180152893},{"id":"https://openalex.org/C111771559","wikidata":"https://www.wikidata.org/wiki/Q66295","display_name":"Derivative (finance)","level":2,"score":0.5879835486412048},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.5720701217651367},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.4680846333503723},{"id":"https://openalex.org/C129915516","wikidata":"https://www.wikidata.org/wiki/Q17083550","display_name":"Risk aversion (psychology)","level":3,"score":0.4596068859100342},{"id":"https://openalex.org/C2778083465","wikidata":"https://www.wikidata.org/wiki/Q693464","display_name":"Cash","level":2,"score":0.4544811546802521},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.42681336402893066},{"id":"https://openalex.org/C205706631","wikidata":"https://www.wikidata.org/wiki/Q2319304","display_name":"Expected utility hypothesis","level":2,"score":0.22487160563468933},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.11739581823348999},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.0960654616355896},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0}],"mesh":[],"locations_count":10,"locations":[{"id":"doi:10.1007/s00780-016-0309-z","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s00780-016-0309-z","pdf_url":null,"source":{"id":"https://openalex.org/S172526255","display_name":"Finance and Stochastics","issn_l":"0949-2984","issn":["0949-2984","1432-1122"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance and Stochastics","raw_type":"journal-article"},{"id":"pmh:oai:arXiv.org:1605.06429","is_oa":true,"landing_page_url":"http://arxiv.org/abs/1605.06429","pdf_url":"https://arxiv.org/pdf/1605.06429","source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"text"},{"id":"mag:2952025076","is_oa":true,"landing_page_url":"https://arxiv.org/pdf/1605.06429.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"arXiv (Cornell University)","raw_type":null},{"id":"mag:3122792355","is_oa":false,"landing_page_url":"https://econpapers.repec.org/RePEc:arx:papers:1605.06429","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"pmh:oai:RePEc:arx:papers:1605.06429","is_oa":false,"landing_page_url":null,"pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:RePEc:chf:rpseri:rp1519","is_oa":false,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2625965","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:RePEc:spr:finsto:v:21:y:2017:i:1:d:10.1007_s00780-016-0309-z","is_oa":false,"landing_page_url":"http://link.springer.com/10.1007/s00780-016-0309-z","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:pure.atira.dk:openaire_cris_publications/b31e8cf2-d22a-4d57-ac24-1275afad85c0","is_oa":false,"landing_page_url":"https://research.manchester.ac.uk/en/publications/b31e8cf2-d22a-4d57-ac24-1275afad85c0","pdf_url":null,"source":{"id":"https://openalex.org/S4306400662","display_name":"Research Explorer (The University of Manchester)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I28407311","host_organization_name":"University of Manchester","host_organization_lineage":["https://openalex.org/I28407311"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Herrmann, S, Muhle-Karbe, J & Seifried, F T 2016, 'Hedging with small uncertainty aversion', Finance and Stochastics. https://doi.org/10.1007/s00780-016-0309-z","raw_type":"article"},{"id":"pmh:oai:pure.atira.dk:publications/b31e8cf2-d22a-4d57-ac24-1275afad85c0","is_oa":false,"landing_page_url":"https://www.research.manchester.ac.uk/portal/en/publications/hedging-with-small-uncertainty-aversion(b31e8cf2-d22a-4d57-ac24-1275afad85c0).html","pdf_url":null,"source":{"id":"https://openalex.org/S4306400662","display_name":"Research Explorer (The University of Manchester)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I28407311","host_organization_name":"University of Manchester","host_organization_lineage":["https://openalex.org/I28407311"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Herrmann, S, Muhle-Karbe, J & Seifried, F T 2016, 'Hedging with small uncertainty aversion', Finance and Stochastics. https://doi.org/10.1007/s00780-016-0309-z","raw_type":"article"},{"id":"doi:10.48550/arxiv.1605.06429","is_oa":true,"landing_page_url":"https://doi.org/10.48550/arxiv.1605.06429","pdf_url":null,"source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":null,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":{"id":"pmh:oai:arXiv.org:1605.06429","is_oa":true,"landing_page_url":"http://arxiv.org/abs/1605.06429","pdf_url":"https://arxiv.org/pdf/1605.06429","source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"text"},"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2952025076.pdf","grobid_xml":"https://content.openalex.org/works/W2952025076.grobid-xml"},"referenced_works_count":55,"referenced_works":["https://openalex.org/W1494516049","https://openalex.org/W1580148192","https://openalex.org/W1754814602","https://openalex.org/W1842249978","https://openalex.org/W1971594473","https://openalex.org/W1986242012","https://openalex.org/W1995106434","https://openalex.org/W1995951988","https://openalex.org/W2002521974","https://openalex.org/W2004220372","https://openalex.org/W2006080424","https://openalex.org/W2013794142","https://openalex.org/W2014180026","https://openalex.org/W2015933695","https://openalex.org/W2018055712","https://openalex.org/W2027654260","https://openalex.org/W2032422763","https://openalex.org/W2048594534","https://openalex.org/W2057501576","https://openalex.org/W2067477904","https://openalex.org/W2079233604","https://openalex.org/W2087001647","https://openalex.org/W2088673403","https://openalex.org/W2093077581","https://openalex.org/W2101285166","https://openalex.org/W2106198462","https://openalex.org/W2114971059","https://openalex.org/W2129216683","https://openalex.org/W2131387435","https://openalex.org/W2136686618","https://openalex.org/W2139937772","https://openalex.org/W2146848558","https://openalex.org/W2152245377","https://openalex.org/W2154738336","https://openalex.org/W2157767596","https://openalex.org/W2165299046","https://openalex.org/W2169108565","https://openalex.org/W2169203802","https://openalex.org/W2272617552","https://openalex.org/W2791633628","https://openalex.org/W2950195518","https://openalex.org/W2952837049","https://openalex.org/W3121811058","https://openalex.org/W3122043345","https://openalex.org/W3122203059","https://openalex.org/W3122649094","https://openalex.org/W3122895457","https://openalex.org/W3124189939","https://openalex.org/W3125330115","https://openalex.org/W3125410635","https://openalex.org/W3125983424","https://openalex.org/W4243590097","https://openalex.org/W4253542043","https://openalex.org/W4292027056","https://openalex.org/W4292198165"],"related_works":["https://openalex.org/W3122792355","https://openalex.org/W3121948524","https://openalex.org/W3124684950","https://openalex.org/W3144945189","https://openalex.org/W3122620811","https://openalex.org/W2372448612","https://openalex.org/W2273627162","https://openalex.org/W1970743689","https://openalex.org/W3124727721","https://openalex.org/W3180554562","https://openalex.org/W2595284623","https://openalex.org/W2057501576","https://openalex.org/W2766525935","https://openalex.org/W2093936046","https://openalex.org/W99108849","https://openalex.org/W2020411615","https://openalex.org/W3132443516","https://openalex.org/W3123793666","https://openalex.org/W2564742668","https://openalex.org/W2570784181"],"abstract_inverted_index":null,"counts_by_year":[],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}