Matches in SemOpenAlex for { <https://semopenalex.org/work/W1547889904> ?p ?o ?g. }
Showing items 1 to 87 of
87
with 100 items per page.
- W1547889904 abstract "In this paper we study the constrained efficiency of a stock market equilibrium under moral hazard.We extend a standard general equilbrium framework (Magill and Quinzii (1999) and (2002)) to allow for a more general initial ownership distribution.We show that the market allocation is constrained efficient only if in each firm the entrepreneur who generates payoffs through unobservable effort has full initial property rights to his firm.This result holds even if the market can anticipate correctly the optimal effort choice of each entrepreneur from their observable financing decisions." @default.
- W1547889904 created "2016-06-24" @default.
- W1547889904 creator A5030372852 @default.
- W1547889904 creator A5065504269 @default.
- W1547889904 date "2003-01-01" @default.
- W1547889904 modified "2023-09-25" @default.
- W1547889904 title "The Inefficiency of the Stock Market Equilibrium under Moral Hazard" @default.
- W1547889904 cites W1553199794 @default.
- W1547889904 cites W1562821284 @default.
- W1547889904 cites W2031528963 @default.
- W1547889904 cites W2079217296 @default.
- W1547889904 cites W2085460370 @default.
- W1547889904 cites W2118480291 @default.
- W1547889904 cites W2128696580 @default.
- W1547889904 cites W2172209542 @default.
- W1547889904 cites W2752617332 @default.
- W1547889904 cites W3123769894 @default.
- W1547889904 hasPublicationYear "2003" @default.
- W1547889904 type Work @default.
- W1547889904 sameAs 1547889904 @default.
- W1547889904 citedByCount "0" @default.
- W1547889904 crossrefType "posted-content" @default.
- W1547889904 hasAuthorship W1547889904A5030372852 @default.
- W1547889904 hasAuthorship W1547889904A5065504269 @default.
- W1547889904 hasConcept C103382277 @default.
- W1547889904 hasConcept C106159729 @default.
- W1547889904 hasConcept C127413603 @default.
- W1547889904 hasConcept C149782125 @default.
- W1547889904 hasConcept C151730666 @default.
- W1547889904 hasConcept C162324750 @default.
- W1547889904 hasConcept C175444787 @default.
- W1547889904 hasConcept C204036174 @default.
- W1547889904 hasConcept C2778869765 @default.
- W1547889904 hasConcept C2780202544 @default.
- W1547889904 hasConcept C2780299701 @default.
- W1547889904 hasConcept C2780695315 @default.
- W1547889904 hasConcept C2780762169 @default.
- W1547889904 hasConcept C29122968 @default.
- W1547889904 hasConcept C2985330422 @default.
- W1547889904 hasConcept C78519656 @default.
- W1547889904 hasConcept C86511162 @default.
- W1547889904 hasConcept C86803240 @default.
- W1547889904 hasConceptScore W1547889904C103382277 @default.
- W1547889904 hasConceptScore W1547889904C106159729 @default.
- W1547889904 hasConceptScore W1547889904C127413603 @default.
- W1547889904 hasConceptScore W1547889904C149782125 @default.
- W1547889904 hasConceptScore W1547889904C151730666 @default.
- W1547889904 hasConceptScore W1547889904C162324750 @default.
- W1547889904 hasConceptScore W1547889904C175444787 @default.
- W1547889904 hasConceptScore W1547889904C204036174 @default.
- W1547889904 hasConceptScore W1547889904C2778869765 @default.
- W1547889904 hasConceptScore W1547889904C2780202544 @default.
- W1547889904 hasConceptScore W1547889904C2780299701 @default.
- W1547889904 hasConceptScore W1547889904C2780695315 @default.
- W1547889904 hasConceptScore W1547889904C2780762169 @default.
- W1547889904 hasConceptScore W1547889904C29122968 @default.
- W1547889904 hasConceptScore W1547889904C2985330422 @default.
- W1547889904 hasConceptScore W1547889904C78519656 @default.
- W1547889904 hasConceptScore W1547889904C86511162 @default.
- W1547889904 hasConceptScore W1547889904C86803240 @default.
- W1547889904 hasLocation W15478899041 @default.
- W1547889904 hasOpenAccess W1547889904 @default.
- W1547889904 hasPrimaryLocation W15478899041 @default.
- W1547889904 hasRelatedWork W1494570331 @default.
- W1547889904 hasRelatedWork W1503288810 @default.
- W1547889904 hasRelatedWork W1519960972 @default.
- W1547889904 hasRelatedWork W1579537267 @default.
- W1547889904 hasRelatedWork W1595303757 @default.
- W1547889904 hasRelatedWork W1976585283 @default.
- W1547889904 hasRelatedWork W2001987733 @default.
- W1547889904 hasRelatedWork W2009227659 @default.
- W1547889904 hasRelatedWork W2041567785 @default.
- W1547889904 hasRelatedWork W2075895582 @default.
- W1547889904 hasRelatedWork W2116098756 @default.
- W1547889904 hasRelatedWork W2118480291 @default.
- W1547889904 hasRelatedWork W2119445422 @default.
- W1547889904 hasRelatedWork W2150807611 @default.
- W1547889904 hasRelatedWork W3087700313 @default.
- W1547889904 hasRelatedWork W3123636670 @default.
- W1547889904 hasRelatedWork W3124481699 @default.
- W1547889904 hasRelatedWork W3143138794 @default.
- W1547889904 hasRelatedWork W3143703420 @default.
- W1547889904 hasRelatedWork W3163069159 @default.
- W1547889904 isParatext "false" @default.
- W1547889904 isRetracted "false" @default.
- W1547889904 magId "1547889904" @default.
- W1547889904 workType "article" @default.