Dynamics of Biofuel Stock Prices: A Bayesian Approach.

The article focuses on the dynamic behavior of stock prices in the biofuel industry. It says that stock prices have shown volatility and bubble-like patterns while the renewable energy sector had a market capitalization of approximately 170 billion dollars by 2007. It states that stock prices fell in the presence of high volatility after an initial surge in May 2006. Moreover, a Bayesian Markov chain Monte Carlo (MCMC) method concerning biofuels stock prices is discussed.