Financial intermediation and the welfare theorems in incomplete markets

DOI10.1007/s00199-020-01294-wzbMath1492.91127OpenAlexW3044270437MaRDI QIDQ2143899

Michael Zierhut, Marc Oliver Bettzüge, Thorsten Hens

Publication date: 31 May 2022

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00199-020-01294-w

zbMATH Keywords

incomplete markets with productionsecond welfare theoremshareholder unanimityfinancial intermediaryfirm objectives

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Welfare economics (91B15) Financial markets (91G15)

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Special issue in honor of Nicholas C. Yannelis. II

Cites Work

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