منابع مشابه
Long Run Prices of Primary Commodities and Oil Prices
Acute volatile movements in primary commodity prices have drawn enough interests from empirical researchers. Exports of these commodities account for the bulk of export earnings of developing countries. The traditional demand based framework has been unable to explain the marked deterioration in these prices during 1980s. This paper tries to ascertain the role played by real oil prices in expla...
متن کاملBartering integer commodities with exogenous prices
The analysis of markets with indivisible goods and fixed exogenous prices has played an important role in economic models, especially in relation to wage rigidity and unemployment. This paper provides a novel mathematical programming based approach to study pure exchange economies where discrete amounts of commodities are exchanged at fixed prices. Barter processes, consisting in sequences of e...
متن کاملSpeculation on commodities futures markets and destabilization of global food prices: exploring the connections.
In December 2010, the United Nations Food and Agriculture Organization's Food Price Index surpassed its previous peak of June 2008, and prices remained at this level through September 2011. This pattern is creating justified fears of a renewal or intensification of the global food crisis. This paper reviews arguments and evidence to inform debates on how to regulate commodity futures markets in...
متن کاملPricing commodities
How should a seller price her goods in a market where each buyer prefers a single good among his desired goods, and will buy the cheapest such good, as long as it is within his budget? We provide efficient algorithms that compute near-optimal prices for this problem, focusing on a commodity market, where the range of buyer budgets is small. We also show that our LP rounding based technique easi...
متن کاملJZ Young 1907 – 1997
JZ Young died on 4th July. Although 90 in March, and recently in poor health, he was still working. With long-time collaborators, he was preparing two books and two papers for publication. Three of these are on cephalopod brains and biology, the fourth on the autonomic nervous system of dogfish, an early interest to which he returned after his retirement in 1974. John Young (known as JZ to coll...
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ژورنال
عنوان ژورنال: Journal of the Royal Statistical Society
سال: 1908
ISSN: 0952-8385
DOI: 10.2307/2339246