Commodity markets present several challenges for quantitative modeling. These include high volatilities, small sample data sets, and physical, operational complexity. In addition, the set of traded products in commodity markets is more limited than in financial or equity markets, making value...

This book offers practical knowledge, analysis, trading techniques and methodologies required for the management of key international commodities. The author explores each aspect of commodity trading in detail and helps the reader to implement effective techniques to build a strong portfolio....

This book explores the microstructure of carbon markets and the pricing of carbon financial instruments generally. It provides a critical microstructure analysis of the EU Emissions Trading Scheme (EU-ETS), and also examines the theoretical and related market design issues affecting emissions...

The recent economic developments have strongly increased the interest in altering raw material prices and especially in the protection from volatile and increasing prices. Jan Arnold integrates financial and operational aspects into a holistic approach to commodity procurement. He shows how to...

1. Introduction and Summary -- 2. How Trade Can Boost Food Security -- 3. The Long History of Food Globalization -- 4. The Evolution of Food Trade Patterns since 1960 -- 5. Market-Distorting Policies: Long-Run Trends and Short-Run Insulation -- 6. Estimating Trade, Welfare, and Poverty Effects...

This book provides fresh insights into concepts, methods and new research findings on the causes of excessive food price volatility. It also discusses the implications for food security and policy responses to mitigate excessive volatility. The approaches applied by the contributors range from...

Rohstoffmärkte im Überblick -- Rohstoffmärkte im Rahmen globaler Trends -- Rohstoffindizes -- Der europäische Energiemarkt -- Rohstoffe und wirtschaftliche Entwicklung -- Risiko- und Treasurymanagement von Rohstoffen -- Anforderungen an das Risikomanagement und Risikocontrolling -- Produkte...

Um die komplexen Handelsentscheidungen von Netz- und Kraftwerksbetreibern zu unterstützen, entwickelt Derk Jan Swider neue Methoden und Modelle aus dem Bereich der energiewirtschaftlichen Systemanalyse und Entscheidungstheorie. Durch ihren grundlegenden Charakter lassen sie sich auf...

Electricity is an essential commodity traded at power exchanges. Its price is very volatile within a day and over the year. This raises questions about the efficiency of the trading rules. The author develops a non-cooperative auction model analyzing the bidding behavior of producers at power...