Re:Modern Portfolio Theory: A Case Study on Turnips
by 082349872349872 on Wednesday June 03, 2020 @01:04AM
(#23399950)
Good question! I don't know enough about the subject, honestly. Would you like me to try to dig up the paper from which I got that summary?
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Re:Modern Portfolio Theory: A Case Study on Turnips
by JoshuaDavid on Wednesday June 03, 2020 @01:19AM
(#23400052)
Yeah, I can't find anything like that on google scholar. The specific claim I find surprising is that it's possible to make a futures market that is resistant to manipulation at all, even in only one direction. I kinda suspect it's going to come down to a non-standard definition of the word "resistant", but if that's not the case it's bound to be interesting.
Re:Modern Portfolio Theory: A Case Study on Turnips
by 082349872349872 on Wednesday June 03, 2020 @08:43AM
(#23402679)
I think it was Pirrong, "Manipulation of Cash‐Settled Futures Contracts"
https://www.jstor.org/stable/10.1086/209671?seq=1#metadata_i...