Collective Decision Mechanisms and Efficient Stock Market Allocations: Existence of a Participation Equilibrium

DOI10.2307/2648864zbMath0533.90016OpenAlexW1981385113MaRDI QIDQ3316917

Robert Forsythe, Gerry L. Suchanek

Publication date: 1984

Published in: International Economic Review (Search for Journal in Brave)

Full work available at URL: https://authors.library.caltech.edu/82142/

zbMATH Keywords

existence of equilibriumcollective decision mechanismsconstrained Pareto optimality of equilibriumincomplete set of marketsShared cost mechanismstock ownership economies

Mathematics Subject Classification ID

General equilibrium theory (91B50)

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