Emissions trading is a form of environmental regulation in which a regulatory body specifies the total allowable discharge of pollutants, divides this cap into individual permits assigned to individual polluters, and allows trading of the resulting permits. Laboratory experiments, in which paid subj
β¦ LIBER β¦
What have we Learned from the Experience of Low Oil Prices?
β Scribed by Alhajji, A.F.
- Book ID
- 108554456
- Publisher
- John Wiley and Sons
- Year
- 2001
- Tongue
- English
- Weight
- 279 KB
- Volume
- 25
- Category
- Article
- ISSN
- 0277-0180
No coin nor oath required. For personal study only.
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## Abstract Despite their widespread use as predictors of the spot price of oil, oil futures prices tend to be less accurate in the meanβsquared prediction error sense than noβchange forecasts. This result is driven by the variability of the futures price about the spot price, as captured by the oi
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