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Dikos, George:

Tanker Freight Rate Modelling: A Systems Dynamic Approach - Paperback

1987, ISBN: 9783836435574

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Dikos, George:

Tanker Freight Rate Modelling: A Systems Dynamics Approach - Paperback

2008, ISBN: 9783836435574

Vdm Verlag, Taschenbuch, 188 Seiten, Publiziert: 2008-01-11T00:00:01Z, Produktgruppe: Book, 0.68 kg, Verkaufsrang: 9850810, Recht, Kategorien, Bücher, Wirtschaft, Business & Karriere, Bör… More...

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Dikos, George:
Tanker Freight Rate Modelling: A Systems Dynamics Approach - Paperback

2008

ISBN: 9783836435574

Vdm Verlag, Taschenbuch, 188 Seiten, Publiziert: 2008-01-11T00:00:01Z, Produktgruppe: Book, 0.68 kg, Verkaufsrang: 9850810, Recht, Kategorien, Bücher, Wirtschaft, Business & Karriere, Bör… More...

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George Dikos:
Tanker Freight Rate Modelling - Paperback

2008, ISBN: 3836435578

[EAN: 9783836435574], Neubuch, [PU: VDM Verlag Dr. Mueller e.K.], Business & Economics|General, This item is printed on demand.

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George Dikos:
Tanker Freight Rate Modelling - Paperback

ISBN: 9783836435574

Paperback, [PU: VDM Verlag Dr. Mueller e.K.], Business & Management

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Tanker Freight Rate Modelling: A Systems Dynamics Approach

This book develops structural models for analyzing the metrics of shipping investment decisions, namely ordering, scrapping and lay-up decisions in the tanker industry. We develop models, based on a microeconomic specification, that allow us to understand the dynamics of shipping investment decisions under uncertainty, test interrelated economic assertions with aggregate data and ultimately map the metrics of decisions into freight rate dynamics. The main framework is a three-party model with a structural specification of the time charter rate process, based on market clearing conditions. Structural estimation of shipping investment decisions is performed by using advanced econometric methods consistent with the Real Options and Market Microstructure literature. Several statistical tests are employed, in order to evaluate alternative specifications. Once the aggregate models have been identified and estimated, some of the early hypotheses in maritime economics are addressed and re-evaluated. Finally we integrate the three different investment modules and reconstruct the structural transportation supply function that determines the equilibrium time charter rate. System identification techniques and advanced econometric methods are employed separately and then combined, resulting in an exceptional "within-sample", as well as "out-of-sample" performance of the integrated model.

Details of the book - Tanker Freight Rate Modelling: A Systems Dynamics Approach


EAN (ISBN-13): 9783836435574
ISBN (ISBN-10): 3836435578
Hardcover
Paperback
Publishing year: 2008
Publisher: Vdm Verlag
188 Pages
Weight: 0,373 kg
Language: eng/Englisch

Book in our database since 2008-03-14T08:13:14+00:00 (London)
Detail page last modified on 2020-09-26T18:59:48+01:00 (London)
ISBN/EAN: 9783836435574

ISBN - alternate spelling:
3-8364-3557-8, 978-3-8364-3557-4
Alternate spelling and related search-keywords:
Book title: tanker


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