This study examines bias in a term-structure model of commodity prices in specifying the true stochastic dynamics of underlying spot price. The bias is quantified by comparing the model estimated by the conventional method of estimating all model parameters simultaneously with a panel of futures...

This study compares two approaches to modeling a term structure of commodity prices. The first approach specifies the stochastic process of the underlying spot price and derives from the stipulated spot price dynamics valuation formulas of futures and other derivative contracts through no...

Using a sample of internet users across the European Union, this chapter investigates the drivers of citizens' online political activities from an integrated resources approach which accounts for the effects of both traditional political participation-related resources and three types of...