Econometrica Vol. 46 No. 5 1978
Competitive Speculation
Abstract
[For a competitive commodity market with uncertain future prices, the rational behavior of a speculator is described and is used as a basis for the discussion of a self-fulfilling expectations equilibrium.]
- DOI
- 10.2307/1911436
- Volume
- 46
- Issue
- 5
- Pages
- 1061
- Sources
- bibtex:phds-export.bib crossref openalex