2018

Market Power and Forward Prices

Reprint No. 2018:26

Author(s): Keith Ruddell, Anthony Downward and Andy PhilpottYear: 2018 Title: Economics Letters Volume (No.): 166 (May) Pages: 6–9
Online article (restrictions may apply)

Market Power and Forward Prices Keith Ruddell, Anthony Downward and Andy Philpott

Our model of strategic behavior in sequential markets exhibits a persistent forward price premium. This premium is not susceptible to arbitrage by speculators on the forward market, since purchasers prefer forward contracts backed by producers with market power.

Reference:
Ruddell, Keith, Anthony Downward and Andy Philpott (2018), "Market Power and Forward Prices". Economics Letters 166(May), 6–9.

Keith Ruddell

Contact

keithruddell@gmail.com

An Agenda for Europe

Institutional Reform for Innovation and Entrepreneurship

Omslag 2017 Institutional Reform for Innovation and Entrepreneurship.jpg

The authors of this book, Niklas Elert, Magnus Henrekson and Mikael Stenkula, advise the economies of the European Union to become more entrepreneurial in promoting innovation and economic growth. The authors propose a reform strategy with respect to several aspects to achieve this goal.

About the book

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