Risk and the Discount Rate for Public Investment
Data up to Jan 2025
Total Citations Per Year
Abstract
References (52)
CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*
1964 • 15,720 citations
Economic Welfare and the Allocation of Resources for Invention
1962 • 8,612 citations
The Behavior of Stock-Market Prices
1965 • 8,575 citations
THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors…
1975 • 7,346 citations
The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets
1965 • 7,112 citations
Equilibrium in a Capital Asset Market
1966 • 4,832 citations
THE PERFORMANCE OF MUTUAL FUNDS IN THE PERIOD 1945-1964
1968 • 4,463 citations
The Adjustment of Stock Prices to New Information
1969 • 3,289 citations
The Adjustment of Stock Prices to New Information
2003 • 3,268 citations
Theory of Value
1959 • 2,689 citations
SECURITY PRICES, RISK, AND MAXIMAL GAINS FROM DIVERSIFICATION*
1965 • 1,803 citations
The Performance of Mutual Funds in the Period 1945-1964
1968 • 1,763 citations
The Role of Securities in the Optimal Allocation of Risk-bearing
1973 • 1,203 citations
The Role of Securities in the Optimal Allocation of Risk-bearing
1964 • 1,125 citations
Security Prices, Risk, and Maximal Gains From Diversification
1965 • 1,032 citations
Risk, The Pricing of Capital Assets, and The Evaluation of Investment Portfolios
1969 • 980 citations
Information and Efficiency: Another Viewpoint
1969 • 962 citations
The Random Character of Stock Market Prices
1968 • 931 citations
Information and Efficiency:Another Viewpoint
1972 • 902 citations
Market and Industry Factors in Stock Price Behavior
1966 • 866 citations
Isolation, Assurance and the Social Rate of Discount
1967 • 773 citations
The Social Rate of Discount and The Optimal Rate of Investment
1963 • 667 citations
The General Welfare in Relation to Problems of Taxation and of Railway and Utility Rates
1938 • 661 citations
The General Welfare in Relation to Problems of Taxation and of Railway and Utility Rates
1990 • 597 citations
Risk, Return, and Equilibrium
1971 • 576 citations
THE ROLE OF A STOCK MARKET IN A GENERAL EQUILIBRIUM MODEL WITH TECHNOLOGICAL UNCERTAINTY
1978 • 515 citations
Portfolio Analysis in a Stable Paretian Market
1965 • 478 citations
The Random Character of Stock Market Prices.
1965 • 423 citations
Investment Decision under Uncertainty: Applications of the State-Preference Approach
1966 • 383 citations
RISK, RETURN AND EQUILIBRIUM: SOME CLARIFYING COMMENTS
1968 • 373 citations
Investment Decision Under Uncertainty: Choice-Theoretic Approaches
1965 • 354 citations
Capital Theory and the Rate of Return
1965 • 298 citations
On the Social Rate of Discount
1974 • 271 citations
6 Public investment criteria
1980 • 196 citations
On Optimising the Rate of Saving
1961 • 151 citations
The Effect of Unemployment on Juvenile Delinquency
1963 • 125 citations
Implications of Property Rights for Government Investment Choices
1969 • 105 citations
Multiple Purpose River Development
1958 • 99 citations
The behavior of interest rates : an application of the efficient market model to U.S. Treasury bills
1970 • 94 citations
Public Investment Criteria
1964 • 86 citations
Multiple Purpose River Development
1958 • 84 citations
On Measuring the Social Opportunity Cost of Public Funds
1972 • 77 citations
Criteria for social investment
1965 • 75 citations
The Social Rate of Discount and the Optimal Rate of Investment: Comment
1964 • 58 citations
Water Supply: Economics, Technology and Policy
1970 • 52 citations
Principles of Efficiency: Discussion
1964 • 40 citations
Water Supply: Economics, Technology, and Policy
1965 • 34 citations
Criteria for Public Investment: Some Simplifying Suggestions
1967 • 32 citations
Consumption-investment decisions and equilibrium in the securities market
1971 • 23 citations
Water Supply Economics
2003 • 2 citations
THEATRE COLLECTION
1972 • 1 citations
Deleted Work
1955 • 0 citations