An extension of the Modigliani-Miller theorem to stochastic economies with incomplete markets and interdependent securities
type: Item
instance of: scholarly article
title: An extension of the Modigliani-Miller theorem to stochastic economies with incomplete markets and interdependent securities
zbMATH Open document ID: 0648.90007
DOI: 10.1016/0022-0531(88)90275-X
author: Peter M. DeMarzo
published in: Journal of Economic Theory
publication date: 1988-01-01T00:00:00Z
Mathematics Subject Classification ID: 91B50
zbMATH DE Number: 4059070
zbMATH Keywords: corporate financial policy
zbMATH Keywords: Modigliani-Miller theorem
zbMATH Keywords: multiperiod, stochastic economy
zbMATH Keywords: incomplete markets
zbMATH Keywords: perfect foresight
zbMATH Keywords: value maximization
zbMATH Keywords: shareholder voting
zbMATH Keywords: equilibrium allocations
zbMATH Keywords: portfolios
MaRDI profile type: Publication
cites work: Q5588318
cites work: Majority Voting and Corporate Control: The Rule of the Dominant Shareholder
cites work: Generic inefficiency of stock market equilibrium when markets are incomplete
cites work: A Theory of Competitive Equilibrium in Stock Market Economies
cites work: Existence of Equilibrium of Plans, Prices, and Price Expectations in a Sequence of Markets
cites work: Mathematical analysis of the Miller-Modigliani theory
full work available at URL: 0022-0531(88)90275-x
OpenAlex ID: W2099034678
description: scientific article; zbMATH DE number 4059070