and Mich TVEDE
Mich TVEDE: University of Copenhagen
Abstract: An economy with two dates is considered, on state at the first date and a finite number of states at the last date. Shareholders determine production plans b voting -one share, one vote- and at r-majority stable equilibria, alternative production plans are supported by at most rx100 percent of the shareholders.
27 pages, February 1, 2001
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