| 期刊論文| 1. | Chang, E. C.(1985)。Return to Speculators and the Theory of Normal Backwardation。Journal of Finance，193-209。   | | 2. | Chang, E. C.、Stevenson, R. A.(1985)。The Timing Performance of Small Traders。Journal of Futures Markets，5(4)，517-527。 | | 3. | Dusak, K.(1973)。Futures Trading and Investor Returns: An Investigation of Commodity Market Risk Premium。Journal of Political Economy，81，1386-1426。 | | 4. | Hartzmark, M. L.(1987)。Returns to Individual Traders of Futures: Aggregate Results。Journal of Political Economy，95(6)，1292-1306。 | | 5. | Houthakker, H. S.(1957)。Can Speculators Forecast Price?。Review of Economics and Statistics，143-151。 | | 6. | Rockwell, C. S.(1967)。Normal Backwardation, Forecasting, and the Returns to Commodity Futures Traders。Food Research Institute Studies，107-130。 | 研究報告| 1. | Herbst, A. F.、McPormack, J. P.(1987)。Normal Backwardation, Forecasting and the Returns to Commodity Traders in Financial Futures。Center for the Study of Futures Markets, Columbia University。 | 圖書| 1. | Chu, H. M.(1989)。Normal Backwardation, Forecasting Ability and Financial Futures Markets。Brown University。 | 圖書論文| 1. | Draper, D. W.(1985)。The Small Public Trader in Futures Markets。Futures Market: Regulatory Issues。Washington, D.C.：American Enterprise Issues。 | |