Incomplete risk sharing arrangements and the value of information

On the optimality of equilibrium when the market structure is incomplete

Oliver Hart · Journal of Economic Theory · 1975 · 760 citations

Social Sciences, Economics, Industrial Organization +11

Pareto Inferior Trade

David Newbery, Joseph E. Stiglitz · The Review of Economic Studies · 1984 · 398 citations

Social Sciences, Agricultural Economics, Economics +15

Disentangling the Coefficient of Relative Risk Aversion from the Elasticity of Intertemporal Substitution: An Irrelevance Result

Narayana Kocherlakota · The Journal of Finance · 1990 · 150 citations

Business, Business Economics, Economics +15

The Value of Information in Efficient Risk-Sharing Arrangements

Edward E. Schlee · American Economic Review · 2001 · 111 citations

Social Sciences, Business Economics, Economics +15

Value of Information with Sequential Futures Markets

Jerry Green · Econometrica · 1981 · 60 citations

Business, Business Economics, Finance +12