Article | Bell Journal of Economics and Management Science | spring 1974

The Optimality of a Competitive Stock Market

by Robert C. Merton and Marti G. Subrahmanyam

Keywords: Competition; Stocks; Markets;

Citation:

Merton, Robert C., and Marti G. Subrahmanyam. "The Optimality of a Competitive Stock Market." Bell Journal of Economics and Management Science 5, no. 1 (spring 1974): 145–170.