Read on to learn how externalities affect equilibrium and market failure. Externalities, which can be both positive or negative, can affect an individual or single entity, or they can affect ...

Merton, Robert C. "A Simple Model of Capital Market Equilibrium with Incomplete Information." Journal of Finance 42, no. 3 (July 1987): 483–509.

The recent rapid growth of the offshore renminbi market presents a puzzle for analysts of China's development strategy. By allowing renminbi to flow offshore uncontrolled before loosening ...

The researchers found that when the wineries offered their cult wines below market equilibrium price—the point where market supply equals demand—more people wanted to buy them. This caused ...

Merton, Robert C. "A Dynamic General Equilibrium Model of the Asset Market and Its Application to the Pricing of the Capital Structure of the Firm." Sloan School of Management Working Paper, No.

Equilibrium’s market-leading portfolio management capabilities are purpose-built for large, diverse, and dynamic energy portfolios. Equilibrium helps its customers leverage artificial ...