This paper extends and summarizes the Ekern-Wilson unanimity theorem which gives conditions sufficient to ensure that all stockholders of a firm will unanimously approve or disapprove of a project.

Elaborating on the analysis of Weitzman and of Snowberger, this article develops four additional comparative statics results for the Soviet incentive model. The article demonstrates how the optimal change in the firm's self-selected target in response to changes in the central planners'...

The theory of the firm under uncertainty is examined in the context of several examples which illustrate that opportunities to purchase technological information at some cost in resources may induce economies of scale even though the technology of physical production has no economies of scale....