منابع مشابه
Pricing commodities
How should a seller price her goods in a market where each buyer prefers a single good among his desired goods, and will buy the cheapest such good, as long as it is within his budget? We provide efficient algorithms that compute near-optimal prices for this problem, focusing on a commodity market, where the range of buyer budgets is small. We also show that our LP rounding based technique easi...
متن کاملThe Marginal Pricing Rule in Economies with Infinitely Many Commodities
In this paper, we consider an economy with infinitely many commodities and non-convex production sets. We propose a definition of the marginal pricing rule which allows us to encompass the case of smooth and convex production sets. We also show the link with the definition used in a finite dimensional setting where the marginal pricing rule is defined by means of the Clarke’s normal cone. We pr...
متن کاملPricing Commodities, or How to Sell When Buyers Have Restricted Valuations
How should a seller price his goods in a market where each buyer prefers a single good among his desired goods, and will buy the cheapest such good, as long as it is within his budget? We provide efficient algorithms that compute near-optimal prices for this problem, focusing on a commodity market, where the range of buyer budgets is small. We also show that our technique (which is based on LP-...
متن کاملPricing and Hedging Calendar Spread Options on Agricultural Grain Commodities by
The calendar spread options (CSOs) on agricultural commodities, most notably corn, soybeans and wheat, allow market participants to hedge the roll-over risk of futures contracts. Despite the interest from agricultural businesses, there is lack of both theoretical and empirical research on pricing and hedging performances of CSOs. We propose to price and hedge CSOs under geometric Brownian motio...
متن کاملNew commodities, new consumers
Because current literature on globalization largely neglects racism, it fails to explain the experiences of contemporary African American youth within the new racialized social class formations of globalization. I suggest that because African American youth live within the borders of the sole remaining world superpower, their experiences might shed light on social class relations of advanced ca...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Theoretical Computer Science
سال: 2011
ISSN: 0304-3975
DOI: 10.1016/j.tcs.2009.10.002