Document Type


Publication Date



Can the introduction of a futures market assist investors in obtaining better price expectations and reduce price bubbles, and is the major determinant of the price bubble the uncertainty of the dividend structure and its effect on noise traders?

Included in

Economics Commons



To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.