ABSTRACT
Uncertainty is one of the most important topics for sociological analysis. Investigating the predominant type of exchange could also estimate the method of mitigating uncertainty for the social system. In the reform processes for economic transition and in introducing commodity futures market as a reform measure, one has to consider inappropriate correspondence of methods to mitigate uncertainty, functional exigencies, types of exchange. In seeking the appropriate scheme for an international commodity agreement, it is more efficient to utilize the market mechanism, whose scheme includes a function of the futures market. From the viewpoint of individual transaction actors, with the futures market devices they could utilize futures market transactions in the distant future, and they could utilize their own production factors more efficiently by having information on prices provided by a futures market. In dealings in futures markets, it is necessary to pay deposit money and there are transaction costs.
