Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework

Probability and Measure.

1996 • 6,988 citations

The equity premium: A puzzle

1985 • 5,686 citations

Asset Prices in an Exchange Economy

1978 • 5,134 citations

Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence

1978 • 3,343 citations

Probability Measures on Metric Spaces.

1968 • 2,658 citations

The Dual Theory of Choice under Risk

1987 • 2,466 citations

Generalized Instrumental Variables Estimation of Nonlinear Rational Expectations Models

1984 • 2,013 citations

Temporal Resolution of Uncertainty and Dynamic Choice Theory

1978 • 1,849 citations

Stochastic Consumption, Risk Aversion, and the Temporal Behavior of Asset Returns

1983 • 1,611 citations

Stationary Ordinal Utility and Impatience

1960 • 1,494 citations

"Expected Utility" Analysis without the Independence Axiom

1982 • 1,397 citations

Formulation of Bayesian analysis for games with incomplete information

1985 • 789 citations

Dynamic Macroeconomic Theory

1988 • 759 citations

A Generalization of the Quasilinear Mean with Applications to the Measurement of Income Inequality and Decision Theory Resolving the Allais Paradox

1983 • 627 citations

The Determinants of the Variability of Stock Market Prices

1981 • 624 citations

Contraction Mappings in the Theory Underlying Dynamic Programming

1967 • 463 citations

An axiomatic characterization of preferences under uncertainty: Weakening the independence axiom

1986 • 403 citations

Risk aversion with many commodities

1974 • 398 citations

Optimal growth with many consumers

1984 • 384 citations

Increasing Generalized Correlation: A Definition and Some Economic Consequences

1980 • 273 citations

A New Representation of Preferences over "Certain x Uncertain" Consumption Pairs: The "Ordinal Certainty Equivalent" Hypothesis

1978 • 225 citations

Stationary cardinal utility and optimal growth under uncertainty

1983 • 218 citations

Recursive utility and the Ramsey problem

1990 • 128 citations

Dynamic Choice Theory and Dynamic Programming

1979 • 117 citations

The Structure of Intertemporal Preferences under Uncertainty and Time Consistent Plans

1985 • 109 citations

Risk aversion and asset prices

1988 • 89 citations

Nonexpected utility preferences in a temporal framework with an application to consumption-savings behaviour

1990 • 77 citations

Ordinal Dynamic Programming

1975 • 70 citations

A correspondence theorem between expected utility and smooth utility

1988 • 33 citations

Asset Pricing and Optimal Portfolio Choice in the Presence of Illiquid Durable Consumption Goods

2003 • 8 citations

Closed-Form Solutions to Dynamic Stochastic Choice Problems

1987 • 3 citations