STRIKES WITH ASYMMETRIC INFORMATION: THEORY AND EVIDENCE
β Scribed by Alison Booth; Robert Cressy
- Book ID
- 115232713
- Publisher
- John Wiley and Sons
- Year
- 2009
- Tongue
- English
- Weight
- 223 KB
- Volume
- 52
- Category
- Article
- ISSN
- 0140-5543
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
This article examines the theoretical and empirical implications of asymmetric information in commodity futures markets. In particular, it formulates and tests a theoretical model that recognizes two distinct categories of traders: hedgers, who participate in both spot and futures markets, and specu
he concept of convenience yield as a key feature of the traditional theory of supply T of storage was introduced by and later popularized by Working (1949), among others. As useful as this concept is for the limited problem of storage supplied when the difference between the expected price and spo