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Choice of Product Quality: Equilibrium and Efficiency
16 references·0 citing·40 second hop
Choice of Product Quality: Equilibrium and Efficiency (1978)Choice of Product Quality: Equilibrium an…Price, Quality and Quantity Regulation in Monopoly Situations (1976)Price, Quality and Quantity R…Monopoly, Quality, and Regulation (1975)Monopoly, Quality, and Regula…Consumer Demand: A New Approach. (1975)Consumer Demand: A New Approa…A model of equilibrium with differentiated commodities (1975)A model of equilibrium with d…The Optimality of a Competitive Stock Market (1974)The Optimality of a Competiti…Production Theory and the Stock Market (1974)Production Theory and the Sto…On the Theory of the Firm in an Economy with Incomplete Markets (1974)On the Theory of the Firm in …A Note on Unanimity of Stockholders' Preferences among Alternative Production Plans: A Reformulation of the Ekern-Wilson Model (1974)A Note on Unanimity of Stockh…The Role of Securities in the Optimal Allocation of Risk-bearing (1973)The Role of Securities in the…Theory of value with public goods: A survey article (1972)Theory of value with public g…Optimum Durability, Second-Hand Markets, and Planned Obsolescence (1972)Optimum Durability, Second-Ha…Price Indexes and Quality Change (1971)Price Indexes and Quality Cha…Some postwar contributions of french economists to theory and public policy (1964)Some postwar contributions of…Theory of Value (1959)Theory of ValueLiquidity Preference as Behavior Towards Risk (1958)Liquidity Preference as Behav…The Pure Theory of Public Expenditure (1954)The Pure Theory of Public Exp…The Theory of Monopolistic Competition (1957)Optimal Advertising and Optimal Quality (1976)Nonprofit Enterprise in the Performing Arts (1981)Quality and Quantity Competition (1983)How do doctors behave when some (but not all) of their patients are in managed care? (2002)BEHAVIOR OF THE FIRM UNDER REGULATORY CONSTRAINT (2016)Existence of an Equilibrium for a Competitive Economy (1954)An Economic Theory of Democracy. 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(1988)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Risk, Return, and Equilibrium: Empirical Tests (1973)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Agency Problems and Residual Claims (1983)Well-being : the foundations of hedonic psychology (1999)
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References

  • 1954The Pure Theory of Public Expenditure7,498 cited
  • 1958Liquidity Preference as Behavior Towards Risk3,916 cited
  • 1959Theory of Value2,538 cited
  • 1975Consumer Demand: A New Approach.1,235 cited
  • 1973The Role of Securities in the Optimal Allocation of Risk-bearing1,179 cited
  • 1975Monopoly, Quality, and Regulation1,071 cited
  • 1971Price Indexes and Quality Change693 cited
  • 1976Price, Quality and Quantity Regulation in Monopoly Situations221 cited
  • 1972Theory of value with public goods: A survey article221 cited
  • 1975A model of equilibrium with differentiated commodities213 cited
  • 1974On the Theory of the Firm in an Economy with Incomplete Markets196 cited
  • 1974Production Theory and the Stock Market137 cited
  • 1964Some postwar contributions of french economists to theory and public policy130 cited
  • 1972Optimum Durability, Second-Hand Markets, and Planned Obsolescence97 cited
  • 1974A Note on Unanimity of Stockholders' Preferences among Alternative Production Plans: A Reformulation of the Ekern-Wilson Model92 cited
  • 1974The Optimality of a Competitive Stock Market

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