Back to matchesWe found a matchYour institution may have access to this item. Find your institution then sign in to continue.TitleEFFICIENCY AND SPECULATION IN A MODEL WITH PRICE-CONTINGENT CONTRACTS.AuthorsSvensson, Lars E.O.AbstractEmphasizes the importance of distinguishing endogenous uncertainty from the standard exogenous uncertainty. Formulation of the model for the study; Discussion on efficiency; Remarks on the case of exogenous uncertainty.SubjectsUNCERTAINTY; EXOGENEITY (Econometrics)PublicationEconometrica, 1981, Vol 49, Issue 1, p131ISSN0012-9682Publication typeArticleDOI10.2307/1911130