Information commodities make use of storage, processing, and communication capabilities in varying degrees to acquire market value. We have identified five major value-adding dimensions of information commodities: (1) kernel; (2) storage; (3) processing; (4) distribution; and (5) presentation. The k
✦ LIBER ✦
Commodity markets: Supply cuts drive up the price of oil
✍ Scribed by Klaus Matthies
- Publisher
- Springer-Verlag
- Year
- 1999
- Tongue
- English
- Weight
- 647 KB
- Volume
- 34
- Category
- Article
- ISSN
- 0020-5346
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## Abstract A statistically optimal inference about agents' __ex ante__ price expectations within the US broiler market is derived using futures prices of related commodities along with a quasi‐rational forecasting regression equation. The modelling approach, which builds on a Hamilton‐type framewo