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From the 1990s, in face of the smaller participation of the government in the economy and, consequently, in the agricultural sector, the government policy has carried out, as alternative, new support forms to the agriculture, with reduction of public resources. With regarding to the agricultural...
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This thesis studies two related topics in liner shipping. The first topic is the contract pricing problem for container carriers. The second part studies the interaction of the longer term contracts and the spot markets/exchanges for the same goods/services.Most containerized freight is...
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We demonstrate how suppliers can take strategic speculative positions in derivatives markets to soften competition in the spot market. In our game, suppliers first choose a portfolio of call options and then compete with supply functions. In equilibrium firms sell forward contracts and buy call...
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