Optimal price policy and the futures markets

Economics Letters

Volumn 53, Issue 2, 1996, Pages 175-182

  Lapan, Harvey ^a   Moschini, Giancarlo ^a  

^a IOWA STATE UNIVERSITY   (United States)

Author keywords

Futures contracts; Price uncertainty; Stabilization

Indexed keywords

EID: 0030273869     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0165-1765(96)00901-9     Document Type: Article

References (7)

1. Feder, G., R.E. Just and A. Schmitz, 1980, Futures markets and the theory of the firm under price uncertainty, Quarterly Journal of Economics 94, 317-328.
2. Gardner, B.L., 1989, Rollover hedging and the missing long-term futures markets, American Journal of Agricultural Economics 71, 311-325.
3. Holthausen, D.M., 1979, Hedging and the competitive firm under price uncertainty, American Economic Review 69, 989-995.
4. Innes, R., 1990, Government target price intervention in economies with incomplete markets, Quarterly Journal of Economics 105, 1035-1052.
5. Moschini, G. and H. Lapan, 1992, Hedging price risk with options and futures for the competitive firm with production flexibility, International Economic Review 33, 607-618.
6. Newbery, D.M.G. and J.E. Stiglitz, 1981, The theory of commodity price stabilization (Clarendon Press, Oxford).
7. Sumner, D.A., ed., 1988, Agricultural stability and farm programs: Concept, evidence, and implications (Westview Press, Boulder).