期末考试论文大题 期货引领现货 or 现货引领期货？

Price Discovery: Which market (the SingleStockFutures or the spot market) contributes more to the price discovery process over time? What are the possible explanations? Discuss clearly.

先准备把瑞鹤仙的观点总结一下，后面还有两道期权的论文感觉不容易拿高分，所以这个部分比较拿手，一定要先把握好了！！
这门课一学期都是建模型跑数据，我就记得老师反复吹逼" if you guys know the ture data generating process of the market, you will not be sitting here but trading in the market to earn million dollars".

没有任何编程基础，学的很累，不过也算个挑战。