Interesting. I wonder if a bias or law against price gouging could be a problem, here. I mean, if you know there is, e.g. a 20% chance of a bad harvest that wil

Interesting. I wonder if a bias or law against price gouging could be a problem, here. I mean, if you know there is, e.g. a 20% chance of a bad harvest that will let you sell food at twice the normal price, you probably have an incentive to store some yourself. But if you know that, in the event of a bad harvest, someone is just going to take your food -- or tell you that you can sell it, but only at an artificially low price -- you might not bother. The usual question applies: can this complaint about the market be restated as a business plan? If so, why not do it? If not, is it really a solvable problem?