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The world oil market, past and future
Chichilnisky, Graciela; Heal, Geoffrey - Volkswirtschaftliche Fakultät, … - 1984
terms of the delayed responses of supply and demand to prices, and in terms of changes in the rate of discovery of reserves …
Persistent link: https://www.econbiz.de/10005836067
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Reducing gasoline consumption : three policy options
Dinan, Terry M. (contributor); Austin, David H. (contributor) - 2002
Persistent link: https://www.econbiz.de/10001790479
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Rethinking emergency energy policy
Farmer, Richard Douglas (contributor) - 1994
Persistent link: https://www.econbiz.de/10000920939
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A brief look at Say's Law: Attempting to understand its relevance and meaning
Tarnell, Brown - Volkswirtschaftliche Fakultät, … - 2011
Although little talked about in contemporary economics, the collection of principles popularly known as Say‟s Law were profoundly influential upon economists of the classical era. Kates (1997), who has quite a bit to say on the subject and receives much attention here, ascribes such importance...
Persistent link: https://www.econbiz.de/10011259470
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Supply and Demand Is Not a Neoclassical Concern
Lima, Gerson P. - Volkswirtschaftliche Fakultät, … - 2015
The central point of this paper is the demonstration that there is a real world supply and demand theory, supported by an estimate of the US aggregate supply curve. The fundamental idea is that demand and supply interaction is the smallest economic act, an act without which there would be no...
Persistent link: https://www.econbiz.de/10011207092
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A single-item continuous double auction game
Ruijgrok, Matthijs - Volkswirtschaftliche Fakultät, … - 2012
functions are known, expected profits as functions of the strategies are derived, as well as expected transaction prices. It is … and the buyers is the same for the Bayesian Nash equilibrium and the market where players behave competitively …
Persistent link: https://www.econbiz.de/10011113928
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Incorporating inventories into supply and demand analysis
Sexton, Robert L.; Clower, Robert W.; Graves, Philip E.; … - Volkswirtschaftliche Fakultät, … - 1992
While the paper lacks a formal abstract, it draws the important distinction between stocks and flows in supply and demand to better understand the business cycle.
Persistent link: https://www.econbiz.de/10008567636
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Supply and Demand Model for the Malaysian Cocoa Market
Hameed, Abdel; Awad, Amna; Hasanov, Akram; Idris, Nurjihan - Volkswirtschaftliche Fakultät, … - 2009
This paper investigates a system of supply, demand, and price equations for Malaysian cocoa using annual data over the period 1975-2008. Theoretically, in supply and demand models, the price variable is treated as endogenous. However, Hausman specification test result indicates that there is no...
Persistent link: https://www.econbiz.de/10008497673
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Topology and invertible maps
Chichilnisky, Graciela - Volkswirtschaftliche Fakultät, … - 1997
conditions for unique solutions to systems of simultaneous equations and for unique market equilibrium. Under standard … desirability conditions, it is shown that a competitive market has a unique equilibrium if its reduced excess demand has a … is not defined for some prices, and with or without short sales. …
Persistent link: https://www.econbiz.de/10005619308
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Three myths on gas prices in Italy
Stagnaro, Carlo - Volkswirtschaftliche Fakultät, … - 2009
This paper deals with the issue of transparency in the pricing process for motor fuels, vis-à-vis the collusion charges between oil companies (for which no evidence is found) and the «myth» of «one» national price for motor fuels. Such an approach ignores both the competition between oil...
Persistent link: https://www.econbiz.de/10011259029