The Prediction of Shadow Price Based on Grey Theory

Article Preview

Abstract:

The shadow price is based on price changes in market prices, "price estimate", which still lag behind the changes in the market price.The paper calculated shadow price sensitive to changes in resource pricesdegrees, through the gray theory GM (1,1) model forecast the market price, and speculated that the estimated price of the next period resources.

You might also be interested in these eBooks

Info:

Periodical:

Pages:

2610-2613

Citation:

Online since:

January 2014

Authors:

Export:

Price:

Permissions CCC:

Permissions PLS:

Сopyright:

© 2014 Trans Tech Publications Ltd. All Rights Reserved

Share:

Citation:

[1] Zuo Z. Z, Yuan B., On the Application of Shadow Price in the Enterprise Management, Journal of Hebei North University (Natural Science Edition), 21(6), pp.9-12, (2005).

Google Scholar

[2] Zhou Y. H., Chen X., Liu J. B., Shadow Price Function with its Economic Meaning, Journal of Zhejiang Sci-Tech University, 23(3), pp.346-350, (2006).

Google Scholar

[3] Liu S. Y., Discussion about the Problem of Non-unique Shadow Price of Resources, Operations Research and Management Science, 10(2), pp.33-36, (2001).

Google Scholar

[4] Deng J. L., Gray Theory [M], pp.210-224, (2006).

Google Scholar

[5] Zheng S. S., Long and short term division of shadow price and its calculation, Productivity Research, No. 8, pp.79-81, (2011).

Google Scholar