We derive the case for a straight line connecting combinations of cocoa powder, paste and butter prices, we work out a mathematical model to explain this, and show it to apply empirically using graphs of recnt price changes. We tentatively try to explain the position on the line, but find no clear reasons for the recent surge in powder prices relative to butter prices.
|Publication status||Published - 2012|
|Event||Choconomics Conference 2012, Leuven, Belgium - |
Duration: 16 Sep 2012 → 19 Sep 2012
|Conference||Choconomics Conference 2012, Leuven, Belgium|
|Period||16/09/12 → 19/09/12|