In this testament to the distinguished career of H.S. Houthakker a number of Professor Houthakker's friends, former colleagues and former students offer essays which build upon and extend his many contributions to economics in aggregation, consumption, growth and trade. Among the many...

I: Export Earnings -- 1. Market Solutions to the Problem of Stabilizing Commodity Earnings -- 2. Hedging Commodity Export Earnings with Futures and Options Contracts -- 3. Options to Alleviate the Costs of Uncertainty and Stability: A Case Study of Zambia -- II: Financial Markets and Commodity...