کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
478586 1446106 2011 12 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
A new model for cycles in retail petrol prices
کلمات کلیدی
موضوعات مرتبط
مهندسی و علوم پایه مهندسی کامپیوتر علوم کامپیوتر (عمومی)
پیش نمایش صفحه اول مقاله
A new model for cycles in retail petrol prices
چکیده انگلیسی

This paper explores the way that retail petrol prices may vary in a cyclical way as a result of competitive behavior by petrol retailers when some drivers choose to fill up early when a low petrol price is available. We include a stochastic model for an individual driver’s use of petrol and consider what happens as the expected future price of petrol is adjusted either according to observed prices or in anticipation of cyclical behavior. This model is different from most previous work on petrol price cycles that has focussed on Edgeworth cycles.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: European Journal of Operational Research - Volume 210, Issue 2, 16 April 2011, Pages 436–447
نویسندگان
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