Economic Function Futures Markets - Brossura

Williams, Jeffrey C.

 
9780521389341: Economic Function Futures Markets

Sinossi

This book offers an explanation of why commodity processors and dealers use futures markets.

Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.

Descrizione del libro

This book offers an explanation of why commodity processors and dealers use futures markets. It argues that they use futures contracts as part of an implicit method of borrowing and lending commodities, contrary to the accepted view of dealers averse to the fluctuating value of their inventories wanting insurance against price risk.

Contenuti

1. An Introduction to futures markets; 2. Equivalent ways to borrow and lend commodities; 3. Futures markets and risk aversion; 4. The demand to borrow commodities; 5. The contribution of futures markets; 6. The optimal number of futures markets; 7. conclusion: The economic functions of futures markets.

Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.

Altre edizioni note dello stesso titolo

9780521265911: The Economic Function of Futures Markets

Edizione in evidenza

ISBN 10:  0521265916 ISBN 13:  9780521265911
Casa editrice: Cambridge University Press, 1986
Rilegato