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The Value of a Rational Expectations Forecast in a Risky Market: A Theoretical and Empirical Approach

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  • Frances Antonovitz
  • Terry Roe

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  • Frances Antonovitz & Terry Roe, 1984. "The Value of a Rational Expectations Forecast in a Risky Market: A Theoretical and Empirical Approach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(5), pages 717-723.
  • Handle: RePEc:oup:ajagec:v:66:y:1984:i:5:p:717-723.
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    File URL: http://hdl.handle.net/10.2307/1240985
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    Citations

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    Cited by:

    1. Unknown, 1997. "Price Discovery in Concentrated Livestock Markets: Issues, Answers, Future Directions," Research Institute on Livestock Pricing 232724, Virginia Polytechnic Institute and State University, Department of Agricultural and Applied Economics.
    2. Burton, Diana M. & Love, H. Alan, 1996. "A Review of Alternative Expectations Regimes in Commodity Markets: Specification, Estimation, and Hypothesis Testing Using Structural Models," Agricultural and Resource Economics Review, Cambridge University Press, vol. 25(2), pages 213-231, October.
    3. Seale, James L., Jr. & Shonkwiler, John Scott, 1987. "Rationality, Price Risk, And Response," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 19(1), pages 1-8, July.
    4. Irwin, Scott H. & Sanders, Dwight R. & Good, Darrel L., 2014. "Evaluation of Selected USDA WAOB and NASS Forecasts and Estimates in Corn and Soybeans," Marketing and Outlook Research Reports 183477, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics.
    5. Miranda, Mario J & Glauber, Joseph W, 1993. "Estimation of Dynamic Nonlinear Rational Expectations Models of Primary Commodity Markets with Private and Government Stockholding," The Review of Economics and Statistics, MIT Press, vol. 75(3), pages 463-470, August.
    6. Bosch, Darrell J. & Lee, Katherine L., 1988. "The Farm Level Effects of Better Access to Information: The Case of Dart," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 20(2), pages 109-118, December.
    7. Fertő, Imre, 1996. "A mezőgazdaság a piacgazdaságban [Agriculture in a market economy]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 114-127.
    8. Irwin, Scott H., 1994. "The Economic Value of Situation and Outlook Programs: A Review of Theory and Empirical Evidence," Re-Engineering Marketing Policies for Food and Agriculture - FAMC 1994 Conference 265986, Food and Agricultural Marketing Consortium (FAMC).
    9. Tsai, Grace Yueh-Hsiang, 1989. "A dynamic model of the U.S. cotton market with rational expectations," ISU General Staff Papers 1989010108000012168, Iowa State University, Department of Economics.

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