Research in Agricultural Futures Markets:
Integrating the Finance and Marketing Approach
Published: 24.10.2003
Authors: Joost M.E. Pennings, Thorsten M. Egelkraut
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 research within agricultural marketing, on the one hand, and within finance, on…
