In this insightful work, Robert C. Merton and Roy Henriksson explore statistical procedures for evaluating forecasting skills related to market timing and investment performance.
Robert C. Merton Book order
- 2023
- 2022
Theory of Rational Option Pricing
- 124 pages
- 5 hours of reading
- 2022
On Market Timing and Investment Performance Part I: An Equilibrium Theory of Value for Market Forecasts
- 100 pages
- 4 hours of reading
- 2022
On the Mathematics and Economic Assumptions of Continuous-time Models
- 122 pages
- 5 hours of reading
- 2022
Fallacy of the Log-normal Approximation to Optimal Portfolio Decision-making Over Many Periods
- 102 pages
- 4 hours of reading
- 2022
An Analytic Derivation of the Efficient Portfolio Frontier
- 60 pages
- 3 hours of reading
- 1998
Finance Preliminary Edition
- 442 pages
- 16 hours of reading
This work is based on three analytical pillars of finance: time value of money, valuation and risk management. The emphasis is on the application of finance problems to decision problems face by households and firms.
