Publications
Publications
- December 1971
- Journal of Economic Theory
Optimum Consumption and Portfolio Rules in a Continuous-Time Model
By: Robert C. Merton
Keywords
Citation
Merton, Robert C. "Optimum Consumption and Portfolio Rules in a Continuous-Time Model." Journal of Economic Theory 3 (December 1971): 373–413. (Chapter I of Ph.D. dissertation; Chapter 5 in Continuous-Time Finance.)