EQUILIBRIUM AND THE ROLE OF THE FIRM IN INCOMPLETE MARKETS

The Cost of Capital, Corporation Finance and the Theory of Investment

1958 • 15,488 citations

Martingales and arbitrage in multiperiod securities markets

1979 • 3,734 citations

Existence of an equilibrium for a competitive economy

2008 • 3,100 citations

Nonlinear Programming

1969 • 2,011 citations

The Valuation of Uncertain Income Streams and the Pricing of Options

1976 • 1,727 citations

Existence of Equilibrium of Plans, Prices, and Price Expectations in a Sequence of Markets

1972 • 737 citations

THE ROLE OF A STOCK MARKET IN A GENERAL EQUILIBRIUM MODEL WITH TECHNOLOGICAL UNCERTAINTY

1978 • 515 citations

Economies with a finite set of equilibria

2008 • 440 citations

The Effects of a Firm's Investment and Financing Decisions on the Welfare of its Security Holders

2007 • 303 citations

The Process of Financial Innovation

1983 • 262 citations

Existence, regularity, and constrained suboptimality of competitive allocations when the asset market is incomplete

2011 • 241 citations

A Theory of Competitive Equilibrium in Stock Market Economies

1979 • 215 citations

On the Theory of the Firm in an Economy with Incomplete Markets

1974 • 211 citations

On the Optimality of the Stock Market Allocation of Investment

1972 • 167 citations

Two Remarks on the Number of Equilibria of an Economy

1972 • 164 citations

Production Theory and the Stock Market

1974 • 149 citations

Equilibrium in economies with incomplete financial markets

1985 • 148 citations

Corporate Investment under Uncertainty and Pareto Optimality in the Capital Markets

1972 • 112 citations

Stockholder Unanimity in Making Production and Financial Decisions

1980 • 110 citations

Multiperiod Securities and the Efficient Allocation of Risk: A Comment on the Black-Scholes Option Pricing Model

1982 • 108 citations

A Note on Unanimity of Stockholders' Preferences among Alternative Production Plans: A Reformulation of the Ekern-Wilson Model

1974 • 104 citations

The no-surplus condition as a characterization of perfectly competitive equilibrium

1980 • 91 citations

Bankruptcy, Limited Liability, and the Modigliani-Miller Theorem

1981 • 79 citations

The Optimality of a Competitive Stock Market

1974 • 78 citations

Innovation by an Exchange: A Case Study of the Development of the Plywood Futures Contract

1973 • 71 citations

Global analysis and economics IV

1974 • 64 citations

The Graph of the Walras Correspondence

1975 • 55 citations

A characterization of perfectly competitive economies with production

1980 • 50 citations

Regularity and Index Theory for Economies with Smooth Production Technologies

1983 • 21 citations

Private ownership economies with a finite number of equilibria

1974 • 20 citations

On the Scope of the Stockholder Unanimity Theorems

1981 • 20 citations

On the Relationship between Complete and Incomplete Financial Market Models

1979 • 16 citations

A reinterpretation of the equilibrium theory of Arrow and Debreu in terms of financial markets

1974 • 9 citations

On shareholder unanimity in the mean-variance model

1982 • 7 citations

A Mechanism for the Allocation of Corporate Investment

1983 • 2 citations