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Removal of U.S. Ethanol Domestic and Trade Distortions: Impact on U.S. and Brazilian Ethanol Markets

Elobeid, Amani E.; Tokgoz, Simla - 2006

production and a 3.2 percent increase in consumption. The lower domestic price leads to a 2.5 percent rise in the share of fuel … ethanol price by increasing its production by 8.8 percent on average. Total ethanol consumption in Brazil decreases by 3 … increase in the share of sugarcane used in ethanol production. The removal of trade distortions and 51¢ per gallon tax credit …

Persistent link: https://www.econbiz.de/10009443095

Removing Distortions in the U.S. Ethanol Market: What Does It Imply for the United States and Brazil?

Elobeid, Amani E.; Tokgoz, Simla - 2007

production and a 3.8 percent increase in consumption. The lower domestic price leads to a 3.7 percent rise in the share of fuel … price by increasing its production by 9.1 percent on average. Total ethanol consumption in Brazil decreases by 3.3 percent … in the share of sugarcane used in ethanol production. The removal of trade distortions and 51¢ per gallon tax credit to …

Persistent link: https://www.econbiz.de/10009444955

Seawater Desalination for Municipal Water Production

Leidner, Andrew J.; Lacewell, Ronald D.; Rister, M. Edward - 2011

(RO) as a source of municipal (or commercial or industrial) water. A cost-minimization model is developed, a production …

Persistent link: https://www.econbiz.de/10009443724

ENERGIAS RENOVÁVEIS: FUTURO DO PLANETA E INCLUSÃO SOCIAL

Pacheco, Carlos Thadeu - 2008

an immense program of generation of job and income from the production of biodiesel.More than what raw material options …, exist important differences with regard to the technological knowledge used for the production and consumption of biodiesel …

Persistent link: https://www.econbiz.de/10009444580

Has Imported Rice Crowded-out Domestic Rice Production in Ghana? What has Been the Role of Policy?

Asuming-Brempong, Samuel; Osei-Asare, Yaw Bonsu - 2008

the 1990s, these figures show a gradual decline in the share of local rice production in the total quantities of rice … production …

Persistent link: https://www.econbiz.de/10009444870

Model risk for barrier options when priced under different lévy dynamics

Mbakwe, Chidnima - 2011

Thesis (MSc (Mathematical Sciences))--University of Stellenbosch, 2011.

Persistent link: https://www.econbiz.de/10009429599

An empirical study of implied volatility in Australian index option markets

Yang, Qianqian - 2006

With the rapid development of option markets throughout the world, option pricing has become an important field in financial engineering. Among a variety of option pricing models, volatility of underlying asset is associated with risk and uncertainty, and hence is treated as one of the key...

Persistent link: https://www.econbiz.de/10009437996

Time-Changed L´evy Processes and Option Pricing

Carr, Pete; Wu, Liuren - 2002

As is well known, the classic Black-Scholes option pricing model assumes that returns follow Brownian motion. It is widely recognized that return processes differ from this benchmark in at least three important ways. First, asset prices jump, leading to non-normal return innovations. Second,...

Persistent link: https://www.econbiz.de/10009440724

What Type of Process Underlies Options? A Simple Robust Test

CARR, PETER; WU, LIUREN - 2002

We develop a simple robust test for the presence of continuous and discontinuous (jump) components in the price of an asset underlying an option. Our test examines the prices of at-the-money and out-of-the-money options as the option maturity approaches zero. We show that these prices converge...

Persistent link: https://www.econbiz.de/10009440725

Static Hedging of Standard Options

CARR, PETER; WU, LIUREN - 2002

We consider the hedging of derivative securities when the price movement of the underlying asset can exhibit random jumps. Under a one factor Markovian setting, we derive a spanning relation between a long term option and a continuum of short term options. We then apply this spanning relation to...

Persistent link: https://www.econbiz.de/10009440737