Commodity modeling and pricing : methods for analyzing resource market behavior /
Commodity Modeling and Pricing offers a collection of studies-by some of the world's leading economists-that will serve as a complete guide to resource commodity behavior. Each study provides state-of-the-art analysis on the modeling of commodity markets and prices and on the application of the...
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| Format: | Book |
| Language: | English |
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Hoboken, N.J. :
Wiley,
[2008], ©2008
Hoboken, N.J. : c2008 Hoboken, N.J. : [2008] |
| Series: | Wiley finance series
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| Subjects: |
| Summary: | Commodity Modeling and Pricing offers a collection of studies-by some of the world's leading economists-that will serve as a complete guide to resource commodity behavior. Each study provides state-of-the-art analysis on the modeling of commodity markets and prices and on the application of these methods to agriculture, energy, minerals, and the environment "Commodity Modeling and Pricing provides extensions and applications of state-of-the-art methods for analyzing resource commodity behavior. Drawing From the seminal work of Professor Walter Labys on the development of econometric methods for forecasting commodity prices, this collection of essays features expert contributors ranging from practitioners in private industry, public sector, and nongovernmental organizations to scholars in higher education - all of whom were Labys's former students or collaborators."--BOOK JACKET This book first considers the way in which commodity prices exhibit nonlinear, cyclical, or chaotic fluctuations over time. It then moves on to emphasize how market disequilibrium reflected in inventory adjustments affects this price behavior. With a fine balance between theoretical and empirical research, these essays point to new ways in which the dynamic-if not unstable-nature of commodity markets can be dealt with, not only in terms of individual market activity but also in terms of their interactions with the economy and the environment. Filled with in-depth insights and expert advice, Commodity Modeling and Pricing contains the information you need to excel in this demanding environment |
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| Physical Description: | xi, 298 p. : ill., maps ; 26 cm xi, 298 pages : illustrations, maps ; 26 cm |
| Bibliography: | Includes bibliographical references and index |
| ISBN: | 047031723X (cloth) 047031723X 9780470317235 (cloth) 9780470317235 |