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Now showing items 1-7 of 7
Determining the Optimal Commodity and Hedge Ratio for Cross-Hedging Jet Fuel
(North Dakota State University, 2014)
Airlines are exposed to risks in swings in the price of jet fuel. While there are many different options that they can use to hedge this risk, airlines often underutilize them. This study establishes the minimum variance ...
Estimating U.S. Residential Demand for Fuelwood in the Presence of Selectivity
(North Dakota State University, 2014)
Residential energy consumers have options for home heating. With many applications, appliances, and fuel types, fuelwood used for heating faces stiff competition in modern society from other fuels. This study estimates ...
Switching Options: The Value of Flexibility Provided by Geographical Diversification
(North Dakota State University, 2014)
The thesis develops a Monte Carlo simulation model with real options to value agricultural-commodity-trading firms' physical assets in relation to their existing networks of physical assets. The option value measured is ...
A Multivariate Approach to Forecasting Dairy Imports
(North Dakota State University, 2014)
The global economy is becoming more connected with every passing year. Developing countries continue to lift themselves out of poverty and their markets are hungry for the opportunity to trade goods with nations all over ...
A Historical Analysis of Natural Gas Demand
(North Dakota State University, 2014)
This thesis analyzes demand in the US energy market for natural gas, oil, and coal over the period of 1918-2013 and examines their price relationship over the period of 2007-2013. Diagnostic tests for time series were used; ...
The Impact of the Panama Canal Expansion on U.S. Soybean Exports
(North Dakota State University, 2014)
The objective of this study was to evaluate the impact of the Panama Canal Expansion on the flow of soybeans from producing regions in the U.S. to its ports for export. Specific objectives of this study were to determine ...
Structural Changes in North American Fertilizer Logistics
(North Dakota State University, 2014)
Nitrogen-based fertilizer industry in United States is undergoing major changes the demand for which is primarily driven by agriculture. Traditionally, this industry sources anhydrous ammonia through imports from Canada ...