A recent increase in the level and volatility of regional gas prices has followed an extensive discussion on potential returns from short-term LNG trading and potentially fostering integration of geographically sparse regional gas markets. This paper examines the stochastic properties of US...

This paper contructs a stylized model of an LNG producer's decision on the level of committment to long-term supply arrangement. The model extends a conventional two-stage model of optimal hedging by accomodating two features commonly observed with LNG trading practice: (1) the forward price of...

Cosmetic defects such as 'hollows' are the result of deviations in a skin panel. These deviations are usually too small and local to be detected by discrete measurements of the panel but become visually apparent after the application of paint. As a result, the perceived quality of a panel may...

The staff working paper ‘Stranded Irrigation Assets’ (Roper, H., Sayers, C. and Smith, A) was released on 28 June 2006. Prior to the National Water Initiative (NWI), irrigation authorities imposed restrictions on outward trade of water entitlements partly to protect remaining irrigators...

Continuous new service design / redesign is a key contributor to organisational performance. The NSD literature, originally evolving from new product development studies, often emphasised a sequential, linear process. More recently, however, the role of culture, internal politics and social...

The Slovak clothing sector seems to have a number of relative competitive strengths and limitations within this broader context of EU−ECE trade liberalisation and growth of clothing exports. In terms of strengths, three issues are key. First, like other ECE countries, Slovakia is achieving...