Search for dissertations about: "efficiency in commodity market"

Showing result 1 - 5 of 6 swedish dissertations containing the words efficiency in commodity market.

  1. 1. European Energy Policy in Transition: Critical Aspects of Emissions Trading

    Author : Markus Wråke; Göteborgs universitet; Göteborgs universitet; Gothenburg University; []
    Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Energy policy; climate policy; carbon dioxide; climate change; emissions trading; EU ETS; efficiency; distributional effects; closures; new entrants; electricity; allocation; auctions; carbon leakage; competitiveness; peat; radiative forcing;

    Abstract : The overarching theme of the thesis is European energy and climate policy, with a particular focus on the role of emissions trading. The thesis consists of eight papers. Paper 1 outlines the origins and characteristics of the European Union’s Emissions Trading System (EU ETS), launched in January 2005. READ MORE

  2. 2. Essays on Investor Behavior and Trading Strategies in International Financial Markets

    Author : Anton Hasselgren; Jarkko Peltomäki; Ai Jun Hou; Charlotte Christiansen; Stockholms universitet; []
    Keywords : SOCIAL SCIENCES; SAMHÄLLSVETENSKAP; SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; SOCIAL SCIENCES; SAMHÄLLSVETENSKAP; foreign exchange; speculators; hedge funds; investor behavior; trading strategies; information; market efficiency; Business Administration; företagsekonomi;

    Abstract : This dissertation contains four articles that in different ways inform on investor behavior in international financial markets, their impact on the underlying market, and the trading strategies that they pursue.Article I studies how hedge funds herd in currency future contracts and how it is affecting the underlying market. READ MORE

  3. 3. Three Essays on Electricity Spot and Financial Derivative Prices at the Nordic Power Exchange

    Author : Daniel Deng; Göteborgs universitet; Göteborgs universitet; Gothenburg University; []
    Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Nord Pool; market efficiency; cointegration; rational expectation competitive storage model; BDS test; Hsiehâ??s third order moment test; nonlinear causality; EGARCH; convenience yield; call option;

    Abstract : Essay I examines the market efficiency issues at the Nord Pool power exchange in the September 1995 - July 2002 period. A unique characteristic of this electricity exchange is the high hydropower proportion in the traded electricity; water in the hydro reservoir acting as hydropower inventory therefore plays an important role in the pricing of electricity. READ MORE

  4. 4. Algorithms for Electronic Power Markets

    Author : Per Carlsson; Arne Andersson; Fredrik Ygge; Håkan Jonsson; Uppsala universitet; []
    Keywords : NATURAL SCIENCES; NATURVETENSKAP; NATURVETENSKAP; NATURAL SCIENCES; multi-commodity markets; electronic markets; computational markets; equilibrium markets; resource allocation; power markets; computational complexity; Computer science; Datavetenskap;

    Abstract : In this thesis we focus resource allocation problems and electronic markets in particular. The main application area of ours is electricity markets. We present a number of algorithms and include practical experience. READ MORE

  5. 5. Essays on the Namibian Economy

    Author : Michael N. Humavindu; Jesper Stage; Henning Melber; Umeå universitet; []
    Keywords : SOCIAL SCIENCES; SAMHÄLLSVETENSKAP; SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Namibia; shadow prices; discount rate; semi-input-output; accounting price ratios; financial returns; volatility; hedonic pricing; townships; Economics; Nationalekonomi;

    Abstract : This thesis consists of an introduction and four papers exploring various aspects of the Namibian economy. These aspects cover shadow pricing, environmental valuation and capital market development in Namibia. Paper I estimates the shadow prices of capital, labour and foreign exchange for the Namibian economy. READ MORE