期刊名称：Discussion Papers / Norwegian School of Economics and Business Administration
印刷版ISSN：0804-6824
出版年度：2004
卷号：2004
出版社：Bergen
摘要：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.
