This book reviews the problems caused by commodity price instability and develops a mathematical model for commodity markets. The implications of this model for intervention and the welfare effects are then considered. A fully developed model of the world copper market is used to investigate alternative buffer stock intervention rules in order to assess the scope and limitations of such stabilization strategies.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
Vendeur : Nauka Japan LLC, Tokyo, Japon
Hardcover. Etat : Very Good. [oup/b 200548] The book is unused. There is a light stain on the inside of the jacket. N° de réf. du vendeur SKU001477
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