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Cataloged Resource Summary

 

Title

Futures and Options Markets

Author

Gregory J. Millman

Category

Financial Economics

Type

Article

Description

This article explains how futures contracts provide stability in an unstable business environment and how without a futures market it would be difficult to know whether a price offered or demanded for emissions allowances is high or low.

URL

http://www.econlib.org/library/Enc/FuturesandOptionsMarkets.html
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