Blar i Discussion papers (SAM) på forfatter "Ådland, Roar Os"
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Asset bubbles in shipping? : an analysis of recent history in the drybulk market
Ådland, Roar Os; Jia, Haiying; Strandenes, Siri Pettersen (Discussion paper, Working paper, 2006-03)The purpose of this paper is to investigate the hypothesis that the supercycle in the drybulk freight market between 2003 and 2005 caused asset values in the second -hand market to deviate from underlying fundamentals. ... -
A discrete-time stochastic partial equilibrium model of the spot freight market
Ådland, Roar Os; Strandenes, Siri Pettersen (Discussion paper, Working paper, 2004-03)This paper presents a stochastic extension of the classical partial equilibrium models of the spot freight market. The supply in the model is based on microeconomic analysis of the supply characteristics of a given fleet ...