References

• 1975THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.]6,743 cited
• 1983International Portfolio Choice and Corporation Finance: A Synthesis1,447 cited
• 1980On the aggregation of information in competitive markets1,247 cited
• 1974An equilibrium model of the international capital market1,130 cited
• 1985International Asset Pricing under Mild Segmentation: Theory and Test1,021 cited
• 1985A Noisy Rational Expectations Equilibrium for Multi-Asset Securities Markets779 cited
• 1979Rational Expectations Equilibrium: Generic Existence and the Information Revealed by Prices607 cited
• 1986Integration vs. Segmentation in the Canadian Stock Market439 cited

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