Frenzy Sneakers after Market: From Price Control to Block Chain

Reaction of Stock Market Index to Oil Price Shocks

T his study examines how oil price shocks interact with the stock market index within a nonlinear autoregressive distributed lag model in Iran. Based on quarterly data for the period from 1991 to 2017, the findings revealed statistically significant evidence of short-run and long-run asymmetric behavior of stock market index in response to the positive a...

Pricing-to-market: Price Discrimination

We employ a vertical differentiation model to examine the potential bias in pricing-to-market results when using export unit values aggregating differentiated products. Our results show that: (i) false evidence of pricing-to-market is always found when using unit values, whether the law of one price holds or not; and (ii) the size of the bias increases with the level of product differentiation....

Market Structure and Price Adjustment in the Iranian Tea Market

Exploiting market fluctuations and price volatility through feedback control

In this work, we explore how feedback control can be used to make chemical producers responsive to market forces through dynamic operating policies. Using a toy model of a marginal chemical producer, we examine two different control strategies for dealing with stochastic fluctuations in operating margins. These results provide a basis for exploring more complex control problems that include the...

Price Transmission Analysis in Iran Chicken Market

Over the past three decades vertical price transmission analysis has been the subject of considerable attention in applied agricultural conomics. It has been argued that the existence of asymmetric price transmission generates rents for marketing and processing agents. Retail prices allegedly move faster upwards than downwards in response to farm level pricemovements. This is an important issue...