Indexed Pricing: Sugarcane Price Guarantees in Colonial Taiwan, 1930–1940
研究了日据时期台湾糖厂向蔗农提供与米价挂钩的远期价格保证的原因，发现这种指数化安排虽能保障农民实际收入，但会威胁糖厂利润，探讨了糖厂仍提供该保险的动机。
In Taiwan during the Japanese colonial period, sugarcane was typically purchased by Japanese-owned sugar mills at prices guaranteed long in advance of delivery. In some places, the future price was indexed to the price of rice in the following year. This study points out that indexing served to insure farmers' real incomes. But as an insurance against an aggregate risk, this arrangement threatened the mill's profits. We investigate why mills nevertheless offered the insurance.