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Econometric models of power prices: An approach to market monitoring in the Western US

โœ Scribed by Matthew Barmack; Edward Kahn; Susan Tierney; Charles Goldman


Publisher
Elsevier Science
Year
2008
Tongue
English
Weight
641 KB
Volume
16
Category
Article
ISSN
0957-1787

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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 quasiโ€rational forecasting regression equation. The modelling approach, which builds on a Hamiltonโ€type framewo