The Economics, Law, and Public Policy of Market Power Manipulation

Deterrence of market manipulation is central to the entire regulatory and legal framework governing the operation of American commodity futures markets. However, despite all of the regulatory, scholarly, and legal scrutiny of market manipulation, the subject is widely misunderstood. Federal commodit...

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Bibliographic Details
Main Author: Pirrong, S. Craig
Format: eBook
Published: New York, NY Springer US 1996, 1996
Edition:1st ed. 1996
Online Access:
Collection: Springer Book Archives -2004 - Collection details see MPG.ReNa
Table of Contents:
  • 1 Introduction.
  • 2 The Economics of Market Power Manipulation in a Futures Contract: The Delivery “End Game.”
  • 3 The Acquisition of Market Power: Random Trading Strategies and Price Dynamics.
  • 4 The Deterrence of Manipulation.
  • 5 The Ex Post Deterrence of Manipulation: A Critical Analysis of Existing Law and a Proposed Alternative.
  • 6 The Efficient Deterrence of Manipulation