ABSTRACT
Up to this point in Part 3 of this volume we have argued as if, apart from the planning problems of the individual decision-makers discussed in the preceding chapter, all market uncertainties could be readily removed by a comprehensive set of forward markets or by an ideal indicative plan. But this result depends upon the extreme simplifying assumptions made on page 149 and when they are modified a number of serious complications and difficulties arise. We will discuss these under five main headings in the present chapter.
