Theory of Valuation: Frontiers of Modern Financial Theory

The Pricing of Options and Corporate Liabilities

1973 • 29,036 citations

A Theory of the Term Structure of Interest Rates

1985 • 8,604 citations

Theory of rational option pricing

2005 • 7,870 citations

Theory of Rational Option Pricing

1973 • 7,693 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

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

1989 • 4,242 citations

Martingales and arbitrage in multiperiod securities markets

1979 • 3,734 citations

An intertemporal asset pricing model with stochastic consumption and investment opportunities

1979 • 2,786 citations

Estimation of the Mean of a Multivariate Normal Distribution

1981 • 2,667 citations

An Intertemporal General Equilibrium Model of Asset Prices

1985 • 2,096 citations

The Valuation of Uncertain Income Streams and the Pricing of Options

1976 • 1,727 citations

Portfolio Selection with Transaction Costs

1990 • 1,370 citations

Capital Market Equilibrium with Transaction Costs

1986 • 1,172 citations

Intertemporal Asset Pricing with Heterogeneous Consumers and Without Demand Aggregation

1982 • 366 citations

Risk Aversion and the Martingale Property of Stock Prices

1973 • 360 citations

Mutual fund separation in financial theory—The separating distributions

1978 • 359 citations

Optimal Security Design

1988 • 310 citations

Security Markets: Stochastic Models.

1989 • 298 citations

Optimal bond trading with personal taxes

1984 • 284 citations

Optimal Innovation of Futures Contracts

1989 • 136 citations

An "incomplete contract" approach to bankruptcy and the financial structure of the firm

1988 • 54 citations