A Utility‐Based Model of Common Stock Price Movements

A Theory of the Term Structure of Interest Rates

1985 • 8,604 citations

Optimum consumption and portfolio rules in a continuous-time model

1971 • 6,065 citations

Asset Prices in an Exchange Economy

1978 • 5,134 citations

An intertemporal asset pricing model with stochastic consumption and investment opportunities

1979 • 2,786 citations

Prices of State-Contingent Claims Implicit in Option Prices

1978 • 2,268 citations

Generalized Instrumental Variables Estimation of Nonlinear Rational Expectations Models

1984 • 2,013 citations

LIFETIME PORTFOLIO SELECTION BY DYNAMIC STOCHASTIC PROGRAMMING

1975 • 1,863 citations

Generalized Instrumental Variables Estimation of Nonlinear Rational Expectations Models

1982 • 1,846 citations

Estimation and Inference in Nonlinear Structural Models

1974 • 1,759 citations

The Valuation of Uncertain Income Streams and the Pricing of Options

1976 • 1,727 citations

Lifetime Portfolio Selection By Dynamic Stochastic Programming

1969 • 1,665 citations

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

1983 • 1,611 citations

Estimation and Inference in Nonlinear Structural Models

1974 • 1,128 citations

Increasing risk II: Its economic consequences

1971 • 1,042 citations

THE DEMAND FOR RISKY ASSETS

1977 • 977 citations

Capital Equipment Analysis: The Required Rate of Profit

1956 • 851 citations

The Determinants of the Variability of Stock Market Prices

1981 • 624 citations

THE ASSET STRUCTURE OF INDIVIDUAL PORTFOLIOS AND SOME IMPLICATIONS FOR UTILITY FUNCTIONS

1975 • 402 citations

The Asset Structure of Individual Portfolios and Some Implications for Utility Functions

1975 • 398 citations

OPTIMAL INVESTMENT AND CONSUMPTION STRATEGIES UNDER RISK FOR A CLASS OF UTILITY FUNCTIONS11This paper was presented at the winter meeting of the Econometric Society, San Francisco, California, December, 1966.

1975 • 383 citations

Optimal Investment and Consumption Strategies Under Risk for a Class of Utility Functions

1970 • 346 citations

Consumption correlatedness and risk measurement in economies with non-traded assets and heterogeneous information

1982 • 253 citations

A Simple Econometric Approach for Utility‐Based Asset Pricing Models

1985 • 128 citations

The Erroneous Approximation of Expected Utility by Means of a Taylor's Series Expansion: Analytic and Computational Results

1976 • 111 citations

MARKET EQUILIBRIUM IN A MULTIPERIOD STATE PREFERENCE MODEL WITH LOGARITHMIC UTILITY†

1975 • 72 citations

Expectations of Real Interest Rates and Aggregate Consumption: Empirical Tests

1983 • 70 citations

Financial decision-making under uncertainty

1979 • 60 citations

Market Equilibrium in a Multiperiod State Preference Model with Logarithmic Utility

1975 • 27 citations

Theory of Investment

1987 • 18 citations