DO FUTURES BENEFIT FARMERS WHO ADOPT THEM?

Simulations are used to quantify the effects of making a futures market available on adopting farmer's’ behavior and welfare, and on market variables (e.g., spot prices). Explicitly modeled are aggregate market effects associated with futures' adoption by many farmers, and relevant constraints (e.g., credit restrictions) often faced by commodity producers.


Subject(s):
Issue Date:
2002
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/19768
Total Pages:
28
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-24

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