STOCHASTIC

Exercise Source Notes
Exercise 1 was adapted from Levy and Sarnat (1972a); Exercise 2 was adapted from
Levy and Sarnat (1971); Exercises 6-8 were adapted from Hanoch and Levy (1971);
Exercise 9 was adapted from Breen (1968); Exercise 10 was based on Arrow (1971); Exercise
11 was based on Mossin (1968a); Exercise 12 was adapted from Rentz and Westin (1972);
Exercise 13 was adapted from Tobin (1958); portions of Exercise 14 were adapted from
Feldstein (1969); Exercises 15 and 16 were adapted from Freimer and Gordon (1968);
Exercise 17 was adapted from Adler (1969); portions of Exercise 18 were adapted from
Feldstein (1969); Exercises 24 and 25 were adapted from notes written by Professor R. C.
Grinold; they further illustrate the ideas in Exercise 10 due to Arrow (1971).
COMPUTATIONAL AND REVIEW EXERCISES
181