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- W1556034778 abstract "[Introduction] As is true for many economic phenomena, the natureand effects of speculative carryover can be investigated fromtwo polar viewpoints: perfect competition and monopoly. Thecompetitive speculator does not expect his actions to affectcurrent or future prices. He forms expectations about futureprices on the basis of current and past prices and on possiblyother information and then acts accordingly. The monopolisticspeculator understands that his actions affect current andfuture prices--not only because his excess demand is part ofaggregate excess demand but also because his actions may resultin altered expectations on the part of other participants inthe market." @default.
- W1556034778 created "2016-06-24" @default.
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- W1556034778 date "1979-08-01" @default.
- W1556034778 modified "2023-09-27" @default.
- W1556034778 title "Speculative Inventory Holding and Price Stability" @default.
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