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Merton's portfolio problem

Known as: Merton portfolio problem 
Merton's portfolio problem is a well known problem in continuous-time finance and in particular intertemporal portfolio choice. An investor must… 
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Papers overview

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2014
2014
In financial mathematics, Merton's portfolio problem is a statement of aninvestor's problem to allocate his wealth between risk… 
Review
2012
Review
2012
This research is focused on dimensions of mathematical thinking among pre-service teachers learning through the use of e… 
2008
2008
In this dissertation, we present the basic ideals and structrues of the KMV in the framework of both Merton and Vasicek and… 
2007
2007
This paper examines the post-cost profitability of momentum trading strategies in the UK over the period 1988-2003 and provides… 
Highly Cited
2005
Highly Cited
2005
In this paper, we apply particle swarm optimisation to the construction of optimal risky portfolios for financial investments… 
2002
2002
The author presents a new model for stock price fluctuations based on a concept of "information." In contrast, the usual Black… 
Review
2002
Review
2002
In this paper, we report the first empirical tests concerning the international investment strategies of a panel of investment… 
Highly Cited
2001
Highly Cited
2001
In this thesis, we study stochastic optimization problems in which concave functionals are maximized on spaces of stochastic… 
2000
2000
In this keynote address to the 2000 Financial Management Association International Annual Meeting, I consider Merton Miller’s…