The Theory of Commodity Price Stabilization A Study in the Economics of Risk

Joseph E. Stiglitz, Linda Newbery, David M. G. Newbery, Lecturer in Economics and Fellow David M G Newbery — 1981

Fundamentals: supply and demand under risk; Market equilibrium; Price stabilization with no supply response; Supply responses to stabilization; Microeconomic repercussions; Economic considerations.