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Theory of Value
E. Baudier,Gerard Debreu +1 more
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The article was published on 1959-01-01 and is currently open access. It has received 2885 citations till now. The article focuses on the topics: Value theory.read more
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Risk, returns and values in the presence of differential taxation
TL;DR: In this article, the authors show that there exist separate security market lines for debt and equity securities in an equilibrium with differential taxation of debt and equities, and characterize the conditions under which these SMLs have the same price of risk (with different intercepts) and under which the tax effect of leverage is linear in debt value.
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Efficiency and Speculation in a Model with Price-Contingent Contracts
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On the continuity of equilibrium prices in constant-returns production economies
TL;DR: In this article, the authors extend the theory on the local uniqueness of equilibrium prices initiated by Debreu (1970) [and pursued by E. and H. Dierker (1972, Smale (1974a), Hazewinkel(1972), Delbaen (1971), Hildenbrand (1972), Fuchs (1974), and others] to production economies of the constant returns variety.
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The Structuralist View of Economic Theories: A Review Essay: The Case of General Equilibrium in Particular
TL;DR: In this article, a pre-heated wood substrate is placed on a wood substrate and particles of metallic sodium or potassium are confined by grains of sand which are subsequently brushed away with any loose charcoal to produce a distressed surface to the wood.
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The Role of Transfer Price for Coordination and Control within a Firm
TL;DR: In this paper, the role of transfer prices as coordinating mechanisms within a firm is explored and compared to show how quantity and effort are affected as assumptions on observability are progrssively relaxed.