We show how to solve the stochastic spatial-temporal price equilibrium model numerically using the Chebychev collocation method. We then use the model to analyze the joint and interactive stabilizing effects of competitive storage and trade.
Title
SOLVING STOCHASTIC MODELS OF COMPETITIVE STORAGE AND TRADE BY CHEBYCHEV COLLOCATON METHODS
Issue Date
1995-04
Publication Type
Journal Article
Record Identifier
https://ageconsearch.umn.edu/record/31472
PURL Identifier
http://purl.umn.edu/31472
Published in
Agricultural and Resource Economics Review
Volume
24
Issue
1
Page Range
70 - 77
Total Pages
8
