"Futures Market Failure?" With Aaron Smith, University of California, Davis. Monday, September 19, 4:10 PM to 5:30 PM, 368A Heady Hall.
Aaron Smith is an Associate Professor of Agricultural and Resource Economics at the University of California, Davis, where he has been since 2001. Originally from New Zealand, he earned his PhD in Economics from the University of California, San Diego. His research addresses trading in commodity and financial derivatives markets. Recent project topics include identifying informed traders in commodity futures markets, understanding commodity booms and busts, modeling demand and supply for agricultural commodities, and explaining recent failures of grain futures markets to accurately price the underlying commodity.