This book investigates whether futures market participants effectively utilize all available information and if such data is accurately reflected in market pricing. Barry Goss, an economist specializing in commodity markets, compiles a series of original essays from an international team of experts to examine the validity of the rational expectations hypothesis within the context of futures trading. The text provides a rigorous analytical framework for assessing market efficiency and the behavior of price formation in volatile financial environments.

Economists and financial researchers frequently cite this collection as a technical resource for understanding the intersection of information theory and market pricing. The prose is highly academic, requiring a strong background in econometrics and economic theory to fully grasp the presented arguments.