The effect on optimal consumption of increased uncertainty in labor income in the multiperiod case

Optimum consumption and portfolio rules in a continuous-time model

1971 • 6,065 citations

Increasing risk: I. A definition

1970 • 3,861 citations

A Course in Probability Theory

1974 • 2,847 citations

Saving and Uncertainty: The Precautionary Demand for Saving

1968 • 1,324 citations

Increasing risk II: Its economic consequences

1971 • 1,042 citations

Discounted Dynamic Programming

1965 • 963 citations

The Effect of Uncertainty on Saving Decisions

1970 • 910 citations

A Course in Probability Theory

2002 • 617 citations

Consumption decisions under uncertainty

1972 • 593 citations

Increases in risk and in risk aversion

1974 • 534 citations

Dynamic Programming Under Uncertainty with a Quadratic Criterion Function

1956 • 506 citations

Contraction Mappings in the Theory Underlying Dynamic Programming

1967 • 463 citations

A Note on Certainty Equivalence in Dynamic Planning

1957 • 224 citations

Uncertainty and Optimal Consumption Decisions

1971 • 197 citations

On Dynamic Programming with Unbounded Rewards

1975 • 168 citations

Semi-Markov Decision Processes with Unbounded Rewards

1973 • 138 citations

Permanent and transitory income effects in a model of optimal consumption with wage income uncertainty

1975 • 80 citations

Optimal Consumption with a Stochastic Income Stream

1974 • 69 citations

Addendum to “increasing risk: I. A definition”

1972 • 59 citations

Discrete Dynamic Programming with Unbounded Rewards

1972 • 39 citations

A Clarification and a New Proof of the Certainty Equivalence Theorem

1974 • 8 citations

Deleted Work

1955 • 0 citations