F evaluate the economic benefits of futures markets is to examine their effects on the intertemporal allocation of resources. This issue was studied by DeCanio (1980) and Stein (1981Stein ( , 1986) ) who showed that the economic benefits of futures trading can be measured by the ex-post welfare loss
The Accuracy of Forecasts: A Market Equilibrium Analysis
โ Scribed by B. Peter Pashigian
- Book ID
- 124309509
- Publisher
- MIT Press
- Year
- 1974
- Tongue
- English
- Weight
- 932 KB
- Volume
- 88
- Category
- Article
- ISSN
- 0033-5533
- DOI
- 10.2307/1881795
No coin nor oath required. For personal study only.
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