The Inefficiency of the Stock Market Equilibrium under Moral Hazard

R. Calcagno and Wolf Wagner ()
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R. Calcagno: Tilburg University, Center For Economic Research

No 2003-107, Discussion Paper from Tilburg University, Center for Economic Research

Keywords: stock markets; moral hazard; general equilibrium; efficiency; allocation (search for similar items in EconPapers)
Date: 2003
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