The Existence of Futures Markets, Noisy Rational Expectations and Informational Externalities

1 October 1977

journal article
Published by Oxford University Press (OUP) in The Review of Economic Studies

Vol. 44 (3), 431-449
https://doi.org/10.2307/2296900

Abstract

Sanford J. Grossman; The Existence of Futures Markets, Noisy Rational Expectations and Informational Externalities, The Review of Economic Studies, Volume 44,

Keywords

FUTURES MARKETS
GROSSMAN
ECONOMIC STUDIES
NOISY RATIONAL
EXISTENCE OF FUTURES
EXTERNALITIES SANFORD

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