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Contracts, Forward

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Encyclopedia of Law and Economics
  • 18 Accesses

Abstract

A forward contract is an agreement to buy or sell an asset at a specified future time at a pre-specified price. While financial underpinnings of forward contracts are well-known, law and economics research in forward contracts is underdeveloped.

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References

  • Bodie Z, Kane A, Marcus A (2010) Investments, 9th edn. McGraw-Hill, New York

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  • Hull JC (2014) Options, futures, and other derivatives, 9th edn. Prentice Hall, New Jersey

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  • Ko H, Moon W (2012) Contracting foreign exchange rate risks: a behavioral law and economics perspective on KIKO forward contracts. Eur J Law Econ 34:391–412

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Correspondence to Haksoo Ko .

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Ko, H. (2019). Contracts, Forward. In: Marciano, A., Ramello, G.B. (eds) Encyclopedia of Law and Economics. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-7753-2_548

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