Hotelling, H.
(1931): The Economics of Exhaustible Resources Journal of Political Economy, vol.39, no 2, April 1931, pp.137-175
The following papers selection, covers many important historical
contributions to the evolution of corporate finance and the theory of the
investment decisions. The papers in this page are in chronological order.
OBS: The links are not going to the comments yet (the addition of comments
is a planned future improvement).
Hotelling, H.
(1931): The Economics of Exhaustible Resources
Journal of Political Economy, vol.39, no 2, April 1931, pp.137-175
Modigliani, F &
M.H. Miller (1958):
The Cost of Capital, Corporation
Finance, and the Theory of Investment
American Economic Review, vol.48, June 1958, pp.261-297
Arrow, K.J.
(1964): The Role of Securities in the Optimal
Allocation of Risk Bearing
Review of Economic Studies, vol.31, no 1, April 1964, pp.91-96
Magee, J.
(1964): How to Use Decision Trees in Capital
Investment
Harvard Business Review, September-October 1964, pp.79-96
Samuelson, P.A.
(1965): Rational Theory of Warrant Price
Industrial Management Review, Spring 1965, pp.13-39
Lucas, R.E. Jr.
& E.C. Prescott (1971): Investment
under Uncertainty
Econometrica, vol.39, no 5, September 1971, pgs.659-681
Merton, R.C.
(1973): An Intertemporal Capital Asset
Pricing Model
Econometrica, vol.41, no 5, September 1973, pp.867-887
Arrow, K.J. &
A.C. Fisher (1974): Environmental
Preservation, Uncertainty, and Irreversibility
Quarterly Journal of Economics, vol.88, no 1, May 1974, pgs.312-319
Henry, C.
(1974): Investments Decisions under Uncertainty:
The Irreversibility Effect
American Economic Review, vol.64, no 6 , December 1974, pgs.1006-1012
Fama, E.F.
(1977): Risk-Adjusted Discount Rates and Capital
Budgeting under Uncertainty
Journal of Financial Economics, no 5, 1977, pgs.3-24
Myers, S.C. &
S. Turnbull (1977):
Capital Budgeting and the Capital Asset
Pricing Model: Good News and Bad News
Journal of Finance, vol.32, no 2, May 1977, pgs.321-333
Constantinides,
G.M. (1978):
Market Risk Adjustment in Project
Valuation
Journal of Finance, vol.33, no 2, May 1978, pgs.603-616
Roberts, K. &
M. Weitzman (1981):
Funding Criteria for Research,
Development, and Exploration Projects
Econometrica, no 49, September 1981, pgs.1261-1288
Back to the Bibliographical Resources
Back to Contents (the main page)
Hotelling,
H. (1931): The Economics of Exhaustible Resources
.....
Back to Early Important Classic Papers
Modigliani, F & M.H. Miller (1958):
The Cost of Capital, Corporation Finance, and the Theory of Investment
.....
Back to Early Important Classic Papers
Arrow,
K.J. (1964): The Role of Securities in the Optimal Allocation of
Risk Bearing
.....
Back to Early Important Classic Papers
Magee, J.
(1964): How to Use Decision Trees in Capital Investment
.....
Back to Early Important Classic Papers
Samuelson,
P.A. (1965): Rational Theory of Warrant Price
.....
Back to Early Important Classic Papers
Lucas,
R.E. Jr. & E.C. Prescott (1971): Investment under Uncertainty
.....
Back to Early Important Classic Papers
Merton,
R.C. (1973): An Intertemporal Capital Asset Pricing Model
.....
Back to Early Important Classic Papers
Arrow, K.J.
& A.C. Fisher (1974): Environmental Preservation,
Uncertainty, and Irreversibility
.....
Back to Early Important Classic Papers
Henry, C.
(1974): Investments Decisions under Uncertainty: The
Irreversibility Effect
.....
Back to Early Important Classic Papers
Fama, E.F.
(1977): Risk-Adjusted Discount Rates and Capital Budgeting under
Uncertainty
.....
Back to Early Important Classic Papers
Myers,
S.C. & S. Turnbull (1977):
Capital Budgeting and the Capital Asset Pricing Model: Good News and
Bad News
.....
Back to Early Important Classic Papers
Constantinides, G.M. (1978): Market Risk Adjustment in Project
Valuation
.....
Back to Early Important Classic Papers
Roberts,
K. & M. Weitzman (1981):
Funding Criteria for Research, Development, and Exploration Projects
.....
Back to Early Important Classic Papers
Back to the Bibliographical Resources
Back to Contents (the main page)