Pennings, Joost M.E.; Egelkraut, Thorsten M. - In: Agrarwirtschaft: Zeitschrift für Betriebswirtschaft, … 52 (2003) 6, pp. 300-308
In a brief literature review, we discuss how our insight into the grounds of existence of futures markets has changed from the initial insurance perspective, to the arbitrage perspective, to the portfolio perspective, and to the current institutional perspective. We discuss futures market...