Title: Capital Budgeting Under Uncertainty: A Reformulation
Abstract: The Journal of FinanceVolume 28, Issue 1 p. 119-129 Article CAPITAL BUDGETING UNDER UNCERTAINTY: A REFORMULATION Harold Bierman Jr., Harold Bierman Jr.Search for more papers by this authorJerome E. Hass, Jerome E. HassSearch for more papers by this author Harold Bierman Jr., Harold Bierman Jr.Search for more papers by this authorJerome E. Hass, Jerome E. HassSearch for more papers by this author First published: March 1973 https://doi.org/10.1111/j.1540-6261.1973.tb01350.xCitations: 28Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onEmailFacebookTwitterLinkedInRedditWechat REFERENCES 1 E.Fama. “Risk, Return, and Equilibrium: Some Clarifying Comments,” Journal of Finance, 23 (March 1968), pp. 29–40. 10.1111/j.1540-6261.1968.tb02996.x Web of Science®Google Scholar 2 R. S.Hamada. “Portfolio Analysis, Market Equilibrium, and Corporation Finance,” Journal of Finance, 24 (March 1969), pp. 13–31. 10.1111/j.1540-6261.1969.tb00339.x Web of Science®Google Scholar 3 J.Lintner. “The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets,” Review of Economics and Statistics, 47 (February 1965), pp. 13–27. 10.2307/1924119 Web of Science®Google Scholar 4 J.Lintner. “Security Prices, Risk, and Maximal Gains for Diversification,” Journal of Finance, 20 (December 1965), pp. 587–613. 10.1111/j.1540-6261.1965.tb02930.x Web of Science®Google Scholar 5 R. H.Litzenberger and A. P.Budd. “Corporate Investment Criteria and the Validation of Risk Assets,” Journal of Financial and Quantitative Analysis, V, Nos. 4 and 5 (December 1970), pp. 395–419. 10.2307/2330039 Web of Science®Google Scholar 6 H. M.Markowitz. Portfolio Selection: Efficient Diversification of Investments, Cowles Foundation Monograph No. 16 (New York: 1959). Google Scholar 7 J.Mossin. “Equilibrium in a Capital Asset Market,” Econometrica, 34 (October 1966), pp. 768–775. 10.2307/1910098 Web of Science®Google Scholar 8 J.Mossin. “Security Pricing and Investment Criteria in Competitive Markets,” American Economic Review, 59 (December 1969), pp. 749–756. Web of Science®Google Scholar 9 A. A.Robichek. “Risk and the Value of Securities,” Journal of Financial and Quantitative Analysis, December 1969, pp. 513–538. 10.2307/2330062 Web of Science®Google Scholar 10 A. A.Robichek and S. C.Myers, “Valuation of the Firm: Effects of Uncertainty in a Market Context,” Journal of Finance, 21 (May 1966), pp. 215–227. 10.1111/j.1540-6261.1966.tb00222.x Web of Science®Google Scholar 11 W. F.Sharpe. “Capital Asset Prices: A Theory of Market Equilibrium under Conditions of Risk,” Journal of Finance, 29 (September 1964), pp. 425–442. Web of Science®Google Scholar 12 R. C.Stapleton. “Portfolio Analysis, Stock Valuation and Capital Budgeting Decision Rules for Risky Projects,” Journal of Finance, March 1971, pp. 95–117. 10.1111/j.1540-6261.1971.tb00592.x Web of Science®Google Scholar 13 J.Tobin. “Liquidity Preference as Behavior Towards Risk,” Review of Economic Studies, February 1958, pp. 65–86. 10.2307/2296205 Web of Science®Google Scholar Citing Literature Volume28, Issue1March 1973Pages 119-129 ReferencesRelatedInformation
Publication Year: 1973
Publication Date: 1973-03-01
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 12
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