Ambiguity and the corporation: Group disagreement and underinvestment

Corporate financing and investment decisions when firms have information that investors do not have

Stewart C. Myers, Nicholas S. Majluf · Journal of Financial Economics · 1984 · 19.1K citations

Management, Business Economics, Finance +17

Determinants of corporate borrowing

Stewart C. Myers · Journal of Financial Economics · 1977 · 13.4K citations

Management, Business Economics, Economics +12

Exit, Voice and Loyalty: Responses to Decline in Firms, Organizations, and States.

Gordon Tullock, Albert O. Hirschman · The Journal of Finance · 1970 · 11K citations · Full text

Social Sciences, Economics, Political Science +15

Risk, Ambiguity, and the Savage Axioms

Daniel Ellsberg · The Quarterly Journal of Economics · 1961 · 7.9K citations

Business, Mathematics, Philosophy +12

Maxmin expected utility with non-unique prior

Itzhak Gilboa, David Schmeidler · Journal of Mathematical Economics · 1989 · 4.2K citations

Business, Mathematics, Decision Theory +8