Energy power forward prices. Are forward prices rationally determined by agents in the Colombian market? Los precios forward sobre electricidad. ¿Determinados racionalmente por los agentes del mercado colombiano?

This article considers fixed-terms transactions made by agents, in diverse segments of the Colombian energy power market, using forward contracts in order to secure buying/selling prices. The random behavior of prices and quantities, which is handled in the energy power flux, implies the sacrifice o...

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Bibliographic Details
Main Authors: Gloria Stella Salazar Marín, Javier Pantoja
Format: Article
Language:English
Published: Universidad EAFIT 2011-06-01
Series:AD-minister
Subjects:
Online Access:http://publicaciones.eafit.edu.co/index.php/administer/article/view/815