A selected review of agricultural commodity futures and options markets

By Philip Garcia, R. Leuthold. 2004

139 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Expected utility or prospect theory maximisers? Assessing farmers' risk behaviour from field-experiment data (2014, background): “However, it was reported that few farmers resort to derivatives markets to hedge price risk (less than 10 per cent according to Garcia and Leuthold, 2004).”
Speculative bubbles in agricultural commodity markets (2013, background): “4 See Garcia and Leuthold (2004) for a survey on this and other themes connected to the agricultural future markets.”
Bubbles in food commodity markets: Four decades of evidence ☆ (2014, result): “Though the risk premium assumption remains rather controversial and empirical evidence provides mixed results (e.g., Carter, 1999; Garcia and Leuthold, 2004), it is true that when the drift term is large and the variance of the random component is small, the drift/risk premium term can dominate…”