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Price discovery and volatility spillovers in index futures markets: Some evidence from Mexico
Zhong, Maosen; Darrat, Ali F.; Otero, Rafael - 2004
spot market. We test both hypotheses simultaneously with daily data from Mexico in the context of a modified EGARCH model … that also incorporates possible cointegration between the futures and spot markets. The evidence supports both hypotheses … of instability for the spot market. Several managerial implications are derived and discussed. (C) 2004 Elsevier B.V. All …
Persistent link: https://www.econbiz.de/10009448857
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Factores de microestructura del mercado en la determinación del precio del petróleo
González Pedraz, Carlos; González Pérez, María Teresa
Artículo de revista ; El 20 de abril de 2020, el precio del futuro sobre el petróleo West Texas Intermediate (WTI) con entrega en mayo cotizó en negativo por primera vez en la historia. Otros precios de crudo también registraron valores muy bajos, y su volatilidad se disparó y se situó muy...
Persistent link: https://www.econbiz.de/10012524975
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Horizontal Price Transmission of the Finnish Meat Sector with Major EU Players
Liu, Xing - 2011
. Our analysis uses symmetric and asymmetric thresholderror correction models. Both pork and beef prices in Finland are … besymmetric for pork prices, while it is asymmetric for beef prices. The producer price for pork inFinland is symmetrically …
Persistent link: https://www.econbiz.de/10009442626
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The analysis of influence of leaving examination on the result of admission test to faculty of management
Bartošová, Jitka - 2012
All applicants that want to study at the University of economics, the Faculty of Management in Jindřichův Hradec have to be successfully graduated from high school. The preparation for leaving examination in certain subject at high school is at the same time the preparation for admission test....
Persistent link: https://www.econbiz.de/10011315963
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Distributing the Benefits from the Commons
Silvestre, Joaquim - 1993
"The common-property literature has often focused on the question of efficiency. Here we consider distributional issues instead. How should the benefits of the commons (say, a fishery) be distributed? We approach the question from the viewpoint of ownership rather than income redistribution. "A...
Persistent link: https://www.econbiz.de/10009468330
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Foundations for Cooperation in Social Dilemmas
Ahn, Toh-Kyeong - 2001
"Institutional approaches to social dilemmas have so far focused on how to create incentive structures that channel individuals' behavior into socially desirable outcomes assuming that everyone is selfish. However, the presumption of universal selfishness is not only empirically invalid but may...
Persistent link: https://www.econbiz.de/10009468335
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Appropriation Externalities in the Commons: Theory and Experimental Evidence
Herr, Andrew - 1996
of the commons.' This dissertation combines the tools of game theory and experimental methods to gain a broader …
Persistent link: https://www.econbiz.de/10009468337
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Essays on Individual Behavior in Social Dilemma Environments: An Experimental Analysis
Dudley, Dean - 1993
"In this study, individual level behavior is investigated in the context of computer assisted voluntary contribution mechanism public good (VCM) provision experiments and common pool resource (CPR) appropriation experiments. Previous studies of these environments have concentrated on aggregate...
Persistent link: https://www.econbiz.de/10009468340
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Salience and Its Implications for Common-Pool Resource Management in Scotland: A Tragedy of a Different Kind?
Brown, Katrina Myrvang; Slee, Bill - 2002
"In past contributions to CPR theory, the issue of salience/dependence on a resource has been flagged up as a one of a … high. However, cases do exist of CPRs in which this assumption does not hold, and consequently, related theory proves to be … into question the possibility and utility of constructing a coherent CPR meta-theory." …
Persistent link: https://www.econbiz.de/10009468341
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Institutional Equilibrium and Equilibrium Institutions
Shepsle, Kenneth A. - 1983
"This theme paper focuses on political institutions and their effects on social choice. Institutions are argued to play a mediating rolebetween the preferences of individuals and social choices. In addition to playing an endogenous role in molding and channeling preferences, institutions...
Persistent link: https://www.econbiz.de/10009468358