Optimal Forward Exchange Positions

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

Aspects of the Theory of Risk-Bearing.

1966 • 1,931 citations

Taxation and Risk-Taking: An Expected Utility Approach

1968 • 208 citations

DYNAMIC PORTFOLIO THEORY*

1969 • 32 citations

Uncertainty and Forword Exchange Speculation

1968 • 31 citations