Subsidized Options in a Thin Market: A Case Study of the Dairy Options Pilot Program Introduction

We explore how a thin market responds to a subsidized put option program. The United States Department of Agriculture initiated the Dairy Options Pilot Program in 1999 in an effort to provide dairy producers with real-world experiences trading options. The volume from this program represented a large share of total trades. Copyright 2008 American Agricultural Economics Association

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Year of publication:	2008
Authors:	Buschena, David ; McNew, Kevin
Published in:	Review of Agricultural Economics. - American Agricultural Economics Association. - Vol. 30.2008, 1, p. 103-119
Publisher:	American Agricultural Economics Association

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005143052