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- W2057772650 abstract "In a simple counter-example it is shown how financial markets can be destabilized through the trading of derivative instruments. In particular, an assessment is made of the impact on the stock market of a widely used equity option trading strategy, and it is shown that instability may arise as a consequence of option trading. Furthermore, it is suggested that potential instability is endogenous because it arises from the use of available financial instruments in a manner which is not unusual or in other ways pathological." @default.
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- W2057772650 date "1997-01-01" @default.
- W2057772650 modified "2023-09-26" @default.
- W2057772650 title "Index of Survey Articles, 1985-1996;" @default.
- W2057772650 doi "https://doi.org/10.1111/1467-8586.t01-1-00027" @default.
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