• Sie verwenden einen veralteten Webbrowser, weshalb es zu Problemen mit der Darstellung kommen kann. Bei Problemen mit der Bestellabgabe können Sie gerne auch telefonisch bestellen unter: 01805 565554 (0,14€/min, mobil max.0,42€/min)

Tanker Freight Rate Modelling

Dikos:Tanker Freight Rate Modelling
Autor: George Dikos
Verfügbarkeit: nur noch 3 lieferbar
Artikelnummer: 730412
ISBN / EAN: 9783639452495

Verfügbarkeit: sofort lieferbar

68,00 €
Inkl. MwSt. , zzgl. Versandkosten


Revision with unchanged content. This book develops structural models for analyzing the metrics of shipping investment decisions, namely ordering, scrapping and lay-up decisions in the tanker industry. We develop models, based on a microeconomic specification, that allow us to understand the dynamics of shipping investment decisions under uncertainty, test interrelated economic assertions with aggregate data and ultimately map the metrics of decisions into freight rate dynamics. The main framework is a three-party model with a structural specification of the time charter rate process, based on market clearing conditions. Structural estimation of shipping investment decisions is performed by using advanced econometric methods consistent with the Real Options and Market Microstructure literature. Several statistical tests are employed, in order to evaluate alternative specifications. Once the aggregate models have been identified and estimated, some of the early hypotheses in maritime economics are addressed and re-evaluated. Finally we integrate the three different investment modules and reconstruct the structural transportation supply function that determines the equilibrium time charter rate. System identification techniques and advanced econometric methods are employed separately and then combined, resulting in an exceptional within-sample , as well as out-of-sample performance of the integrated model.


Autor Verlag AV Akademikerverlag
ISBN / EAN 9783639452495 Bindung Taschenbuch

Sie könnten auch an folgenden Produkten interessiert sein

0 Kundenmeinungen

Bitte schreiben Sie uns Ihre Meinung zu: Tanker Freight Rate Modelling

  • Wenn Sie dieses Eingabefeld sehen sollten, lassen Sie es leer!