Similar Search Results

A quantitative model of the oil tanker market in the Arabian Gulf

Kilian, Lutz; Nomikos, Nikos K.; Zhou, Xiaoqing - 2020 - This version: May 20, 2020

Gulf and the Far East. We study how fluctuations in oil tanker rates, oil exports, shipowner profits, and bunker fuel … costs, voyage profits decline, as cost shocks are only partially passed on to round-trip voyage rates. Oil exports from the … Arabian Gulf also decline, reflecting lower demand for VLCCs. Positive utilization shocks are associated with higher profits …

Persistent link: https://www.econbiz.de/10012223879

Vertical integration in tradable green certificate markets

Coria, Jessica; Jaraitė, Jūratė - 2024

not lead to higher profits when internal pricing aligns with market values for green certificates. However, it stimulates …

Persistent link: https://www.econbiz.de/10014521191

A global perspective on the incidence of monopoly distortions

Ding, Siying; Lashkaripour, Ahmad; Lugovskyy, Volodymyr - 2024

mitigated through additional preferential tariff concessions under the WTO or a globally coordinated destination tax on profits …

Persistent link: https://www.econbiz.de/10014583781

Global engagement and returns volatility

Girma, Sourafel; Lancheros, Sandra; Riaño, Alejandro - 2015

This paper uses high-frequency data for publicly-listed Japanese manufacturing firms over the period 2000 to 2010 to show that a greater reliance on foreign market sales increases the conditional volatility of firms' stock returns. The two margins of global engagement we consider, namely,...

Persistent link: https://www.econbiz.de/10011405146

Corporate debt and stock returns : evidence from U.S. firms during the 2020 oil crash

Arezki, Rabah; Cho, Caleb; Nguyen, Ha; Nguyen, Kate; … - 2022

This paper explores the effect of oil price fluctuations on the stock returns of U.S. oil firms using a strategy of identification through heteroskedasticity exploiting the 2020 oil crash. Results are twofold. First, we find that a decline in oil prices statistically significantly reduces stock...

Persistent link: https://www.econbiz.de/10013205096

Business models for media firms : does competition matter for how they raise revenue?

Kind, Hans Jarle; Nilssen, Tore; Sørgard, Lars - 2009

readers, if we consider newspapers), or by both. We show that the scope for raising revenues from consumer payment is …

Persistent link: https://www.econbiz.de/10003861802

Payment evasion

Bühler, Stefan; Halbheer, Daniel; Lechner, Michael - 2015

This paper models payment evasion as a source of profit by letting the firm choose the purchase price and the fine imposed on detected payment evaders. For a given price and fine, the consumers purchase, evade payment, or choose the outside option. We show that payment evasion leads to a form of...

Persistent link: https://www.econbiz.de/10010518819

Incentives and anonymity principle : crowding out toward users

Crifo, Patricia (contributor); … - 2004

In our model, an agent produces an outcome by a costly effort and then distributes it among heterogeneous users. The agents̕ payoff is the weighted sum of the users ̕shares and the coefficient reflecting their heterogeneity. When the agent neglects users ̕heterogeneity the game leads to an...

Persistent link: https://www.econbiz.de/10002520792

Network markets and consumer coordination

Ambrus, Attila (contributor); … - 2004

reservation value consumers on the other side. Firms can obtain positive profits in price competition. In these asymmetric …

Persistent link: https://www.econbiz.de/10002521214

Allowing for household preferences in emission trading : a contribution to the climate policy debate

Ahlheim, Michael; Schneider, Friedrich - 2000

traditional permit systems which neglect consumer preferences by solely distributing emission permits to producers/polluters. In … change in environmental policy would mark a return to the traditional principles of consumer sovereignty by involving …

Persistent link: https://www.econbiz.de/10009781607