Purpose – The purpose of this paper is to investigate the long-term and short-term asymmetric effects of the price transmission relationships between agricultural futures and the agriculture index in China. Design/methodology/approach – The paper adopts a threshold autoregressive (TAR) model...

This study proposes a Dynamic Option Simulation (DOS) approach to evaluate natural resource investment projects that contain several embedded options and limited reserves. To construct a practical pricing model, DOS combines simulation and dynamic programming techniques that can value natural...