Journal of Financial and Quantitative Analysis Vol. 3 No. 1 1968
A Time-State-Preference Model of Security Valuation
open access
Abstract
Determining the market values of streams of future returns is a task common to many sorts of economic analysis. The literature on this subject is extensive at all levels of abstraction. However, most work has not taken uncertainty into account in a meaningful way.
- DOI
- 10.2307/2330046
- Volume
- 3
- Issue
- 1
- Pages
- 1
- Sources
- openalex crossref