The paper analyses the price competition of finished petroleum refining products by using the basic rule of game theory.The results show that such kind of competition is an absolutely double loss choice.
In this paper,we examine the relation between volume and price variability in copper futures in SHFE with GARCH(1,1)model,and the empirical evidence presented shows that a positive relationship is detected between pri...In this paper,we examine the relation between volume and price variability in copper futures in SHFE with GARCH(1,1)model,and the empirical evidence presented shows that a positive relationship is detected between price variability and volume,and there is a persistency in volatility.展开更多
文摘The paper analyses the price competition of finished petroleum refining products by using the basic rule of game theory.The results show that such kind of competition is an absolutely double loss choice.
文摘In this paper,we examine the relation between volume and price variability in copper futures in SHFE with GARCH(1,1)model,and the empirical evidence presented shows that a positive relationship is detected between price variability and volume,and there is a persistency in volatility.
