dc.contributor.author | Ådland, Roar Os | |
dc.contributor.author | Strandenes, Siri Pettersen | |
dc.date.accessioned | 2006-08-03T07:38:26Z | |
dc.date.available | 2006-08-03T07:38:26Z | |
dc.date.issued | 2004-03 | |
dc.identifier.issn | 0804-6824 | |
dc.identifier.uri | http://hdl.handle.net/11250/162776 | |
dc.description.abstract | 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 and orderbook, in this case the
VLCC fleet, and stochastic demolition and ordering behaviour. Combined with
stochastic demand, the model is used to simulate scenarios for the future VLCC spot freight rate. | en |
dc.format.extent | 90852 bytes | |
dc.format.mimetype | application/pdf | |
dc.language.iso | eng | en |
dc.publisher | Norwegian School of Economics and Business Administration. Department of Economics | en |
dc.relation.ispartofseries | Discussion paper | en |
dc.relation.ispartofseries | 2004:11 | en |
dc.subject | stochastic partial equilibrium | en |
dc.subject | bulk shipping | en |
dc.subject | spot freight rates | en |
dc.subject | tankers | en |
dc.title | A discrete-time stochastic partial equilibrium model of the spot freight market | en |
dc.type | Working paper | en |