On the objective of firms under uncertainty with stock markets

DOI10.1016/j.jmateco.2003.11.006zbMath1101.91331OpenAlexW2050251432MaRDI QIDQ1764789

Jean-Marc Bonnisseau, Oussama Lachiri

Publication date: 22 February 2005

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jmateco.2003.11.006

zbMATH Keywords

Incomplete marketsStock marketConstrained Pareto optimalityDrèze criterionFirm behaviorMulti-period

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items (2)

A bargaining theory of the firm ⋮ Investment and financing in incomplete markets

Cites Work

• Unnamed Item
• Generic inefficiency of stock market equilibrium when markets are incomplete
• The objective of a privately owned firm under imperfect competition
• Incomplete markets over an infinite horizon: Long-lived securities and speculative bubbles
• Economic equilibrium: Optimality and price decentralization
• Optimization and nonsmooth analysis
• Pareto Optimality in Non-Convex Economies
• A Theory of Competitive Equilibrium in Stock Market Economies

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