When you start a small business, you quickly learn that you survive by meeting customer demand. The patterns in that demand can seem mysterious at first, but if you familiarize yourself with the ideas ...
When Haitham Al-Ghais, the director of market research for the Kuwait Petroleum Corporation, was asked about peak oil demand Monday, he smiled broadly and responded quizzically, "what demand?" Even as ...
In light of recent news that UPS is “doubling down” in a signficant move to beef up its cross-border capabilities, I couldn’t help but don my oligopolistic hat and ponder some related theories. But ...
Rational demand for index insurance products is shown to be fundamentally different to that for indemnity insurance products due to the presence of basis risk. In particular, optimal demand is zero ...