Price relations on futures markets for storable commodities

DOI10.1016/0022-247X(83)90172-5zbMath0576.90010MaRDI QIDQ1064953

Michael J. P. Magill, Jess Benhabib

Publication date: 1983

Published in: Journal of Mathematical Analysis and Applications (Search for Journal in Brave)

zbMATH Keywords

variational techniquesrandom fluctuationsexistence of a spot market equilibriumspot and futures marketsstock-out cost functionstorable commodity

Mathematics Subject Classification ID

Applications of mathematical programming (90C90) Numerical optimization and variational techniques (65K10) Microeconomic theory (price theory and economic markets) (91B24) Economic growth models (91B62) General equilibrium theory (91B50)

Related Items (2)

Temporary equilibrium with storable commodities ⋮ Futures markets, production and diversification of risk

Cites Work

• Unnamed Item
• Unnamed Item
• Unnamed Item
• Information, futures prices, and stabilizing speculation
• Measurable dependence of convex sets and functions on parameters
• Conjugate convex functions in optimal control and the calculus of variations
• Futures Trading, Rational Expectations, and the Efficient Markets Hypothesis
• Infinite Horizon Programs
• The Existence of Futures Markets, Noisy Rational Expectations and Informational Externalities
• Existence and Duality Theorems for Convex Problems of Bolza
• On the Nature of the Spectrum of Singular Second Order Linear Differential Equations

This page was built for publication: Price relations on futures markets for storable commodities