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Option Demand and Consumer Surplus: Further Comment

Charles J. Cicchetti, A. Myrick Freeman, III

The Quarterly Journal of Economics · 1971 · Volume 85 · Issue 3

DOI: 10.2307/1885940

Abstract

Introduction, 528. — The framework of the model, 530. — Demand uncertainty and option value, 533. — Some extensions of the model, 536. — Conclusions and policy implications, 537.

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