The price transmission from the international market to the domestic market of tunas was investigated in the present research. For this purpose, the elasticity of substitution between tuna imports with goods produced in Iran (Armington Elasticity) was calculated. Armington elasticity reflects a degree of substitution between commodities produced domestically and those produced abroad. A greater...

Delay discounting has been used as a measure of both self control and of value for a particular commodity. Two hundred sixty five college psychology students who self identified as being either a Democrat or a Republican completed a delaydiscounting task involving five different commodities (two monetary values, retirement income, Federal legislation, and medical treatment). Analyzing the area ...

abstract in this paper an attempt is made to determine the most suitable agricultural commodities to be adopted for establishing a futures market in iran. two different approaches are adopted: the first involves identifying factors that contribute significantly to the success or failure of existing agricultural commodities futures contracts in established futures markets. the second involves si...

A review of economic thought since the sixteenth century reveals two streams of economic discourse, dirigisme and laissez-faire. Starting with the mercantilists, dirigiste approaches to economics embrace the real-world complexity of commodities that often differ greatly in attributes that are growthand rentaugmenting. Most importantly, this means that free trade is likely to be polarising: it c...