Rational Expectations and Risk Premia in Forward Markets: Primary Metals at the London Metals Exchange

The pricing of commodity contracts

1976 • 2,931 citations

An intertemporal asset pricing model with stochastic consumption and investment opportunities

1979 • 2,786 citations

Forward Exchange Rates as Optimal Predictors of Future Spot Rates: An Econometric Analysis

1980 • 2,192 citations

Futures Trading and Investor Returns: An Investigation of Commodity Market Risk Premiums

1973 • 524 citations

Risk and Return in Commodity Futures

1980 • 429 citations

Returns to Speculators: Telser versus Keynes

1960 • 315 citations

Consumption Risk in Futures Markets

1980 • 120 citations

Risk and Risk Bearing

1999 • 49 citations

Returns to Speculators: Reply

1960 • 32 citations

Returns to Speculators: Rejoinder

1960 • 14 citations