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Stochastic Speculative Price

Because a commodity like wheat can be carried forward from one period to the next, speculative arbitrage serves to link its prices at different points of time. Since, however, the size of the harvest depends on complicated probability processes impossible to forecast with certainty, the minimal mode...

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Autor principal: Samuelson, Paul A.
Format: Artigo
Idioma:Inglês
Publicat: 1971
Matèries:
Accés en línia:https://ncbi.nlm.nih.gov/pmc/articles/PMC388931/
https://ncbi.nlm.nih.gov/pubmed/16591903
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