PROOF THAT PROPERLY DISCOUNTED PRESENT VALUES OF ASSETS VIBRATE RANDOMLY

被引:100
作者
SAMUELSON, PA [1 ]
机构
[1] MIT, CAMBRIDGE, MA 02139 USA
来源
BELL JOURNAL OF ECONOMICS | 1973年 / 4卷 / 02期
关键词
D O I
10.2307/3003046
中图分类号
F [经济];
学科分类号
02 ;
摘要
引用
收藏
页码:369 / 374
页数:6
相关论文
共 8 条
[1]  
Cootner PH, 1967, RANDOM CHARACTER STO
[2]  
GRANGER CWJ, 1973, 1973 BERL WORKSH INT
[3]   BROWNIAN-MOTION IN THE STOCK-MARKET [J].
OSBORNE, MFM .
OPERATIONS RESEARCH, 1959, 7 (02) :145-173
[4]  
SAMUELSON PA, 1965, IMR-IND MANAG REV, V6, P13
[5]  
SAMUELSON PA, 1965, IMR-IND MANAG REV, V6, P41
[6]  
SAMUELSON PA, COLLECTED SCIENTIFIC, V3, pC197
[7]  
SAMUELSON PA, 1972, COLLECTED SCIENTIFIC, V3, pC198
[8]  
Shiller RobertJ., 1972, J MONEY CREDIT BANK, V5, P856, DOI [10.2307/1991303, DOI 10.2307/1991303]