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Publication of Information and Market Response: The Case of Airline on Time Performance Reports

โœ Scribed by Stephen Earl Foreman


Book ID
110253550
Publisher
Springer US
Year
1999
Tongue
English
Weight
121 KB
Volume
14
Category
Article
ISSN
0889-938X

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โœ Jean-Paul Chavas ๐Ÿ“‚ Article ๐Ÿ“… 2000 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 581 KB

The paper investigates the nature of dynamic prices and expectations in a competitive market. The approach is applied to the U.S. beef market, which exhibits cyclical patterns and signi"cant biological lags in the production process. Beef price equations are estimated under di!erent expectation regi