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The efficiency of the forward bunker market

✍ Scribed by Alizadeh, Amir; Nomikos, Nikos


Book ID
126674141
Publisher
Taylor and Francis Group
Year
2004
Tongue
English
Weight
300 KB
Volume
7
Category
Article
ISSN
1367-5567

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The forward pricing efficiency of the li
✍ G. D. Koppenhaver πŸ“‚ Article πŸ“… 1983 πŸ› John Wiley and Sons 🌐 English βš– 881 KB

A tution reflects all available information at any point in time such that only the arrival of new unanticipated information leads to a change in price. However, the notion of an efficient market is often confused with the hypothesis that forward prices represent unbiased estimates of future spot pr