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Quite interestingly, the difference between using only gasoline or using only ethanol is small, regardless of the model we assume for price diffusion.
Brady (2014) adopted a spatial autoregressive model and impulse response function to estimate the speed and duration of spatial house price diffusion across the US from 1975 to 2011.
Another important source of uncertainty not sufficiently covered by our models of price diffusion is that the lower toll on imported ethanol is valid only 1 year ahead (and can be renewed only after a new application).
Employing the quarterly house price indices between 1995Q1 and 2016Q1 for owner-occupied dwellings in the Netherlands, Teye and Ahelegbey (2017) adopted Bayesian graphical vector autoregression (BG-VAR) to illuminate house price diffusion patterns in distinct sub-periods from different provincial housing sub-markets in the Netherlands.
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R. A. Rohde and P. B. Price, "Diffusion-controlled metabolism for long-term survival of single isolated microorganisms trapped within ice crystals," PNAS 104, 16592 (2007).
Thanks to her collabor- ation with H&M, we can all get our mitts on her knits for around a fifth of the price of her diffusion line, Sonia by Sonia Rykiel.
"Optimal Consumption and Portfolio Policies when Asset Prices Follow a Diffusion Process". Cox, John C. and Chi-fu Huang. Chi-fu Huang
Add in rising food prices, and the diffusion of Twitter, Facebook and texting, which finally gives them a voice to talk back to their leaders and directly to each other, and you have a very powerful change engine.
This scheme allows to propagate sharply edged beams without ray tracing, though at the price of some lateral diffusion.
This paper developed an agent-based consumer affordability model, trying to observe the durables diffusion with price adjusting according to the evolution of product life cycle (PLC).
In particular the delta hedge parameter produced by the implied/constant volatility method is consistently significantly larger than that of the exact delta when the underlying price follows an absolute diffusion.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com