On Shareholder Unanimity in Large Stock Market Economies

DOI10.2307/1911950zbMath0418.90008OpenAlexW2050137676MaRDI QIDQ3851925

Oliver D. Hart

Publication date: 1979

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/1911950

zbMATH Keywords

incomplete marketstheory of the firmcomplete marketsspanning conditionprice theoryshareholder unanimitylarge stock market economies

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Operations research and management science (90B99)

Related Items (11)

Competition in a stock market with small firms ⋮ Diversification and competition: Financial intermediation in a large Cournot-Walras economy ⋮ Investment and financing in incomplete markets ⋮ Perfect competition, the profit criterion, and the organization of economic activity ⋮ Perfect competition and optimal product differentiation ⋮ Sufficient conditions for equivalence of ex ante unanimity propositions: a note ⋮ An introduction to general equilibrium with incomplete asset markets ⋮ Ownership structure and efficiency in large economies ⋮ A general equilibrium theory of banks' capital structure ⋮ Price taking behavior and trading in options ⋮ Shareholders' choice

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