Trends

摘要

This section briefly discusses a nonexhaustive list of trends for further research in the area of merchant operations. The topics considered are financial hedging in Section 8.1; the analysis of other commodity conversion assets in Section 8.2; approximate dynamic programming methods in Section 8.3; price model error in Section 8.4; endogeneity of the price process in determining an operating policy in Section 8.5; equilibrium asset pricing in Section 8.6; and the choice of capacity levels in Section 8.7.