Strategic Model for Oil Price and Risk Management
The price of oil is absolutely fluctuated since its supply and demand are abruptly uncertain.If the oil price continues to rise to the threshold,from the experience of the oil crises happened in the past,the world will certainly face an economic crisis in the near future.With the rapid development of global economy,Chinas dependence on oil market will be gotten deeper.In addition,since one of the most important factors affecting Chinas economic development is oil price,estimation and risk management of the oil price has theoretical and practical significance.Because of its significance,we first find the factors affecting oil price.Then,we create a model to estimate the oil price and then adopt suitable strategies of risk management according to our estimated price to get the reasonable price with least risk.
Demand and supply Neural network Oil risk Risk management
DING JIE Hsing Hung Chen
Faculty of Management and Administration,Macau University of Science and Technology
国际会议
长沙
英文
35-43
2008-10-28（万方平台首次上网日期，不代表论文的发表时间）