STOCHASTIC

OPTIMAL INVESTMENT 607
REFERENCES
[1] ACZEL, J.: Lectures on Functional Equations and Their Applications. New York, Academic Press,
1966.
[2] BELLMAN, RICHARD: Dynamic Programming. Princeton, Princeton University Press, 1957.
[3] FARRELL, M. J.: "The New Theories of the Consumption Function," Economic Journal, December,
1959.
[4] FISHER, IRVING: The Theory of Interest. New York, MacMiMan, 1930; reprinted, Augustus Kelley,
1965.
[5] FRIEDMAN, MILTON : A Theory of the Consumption Function. Princeton, Princeton University Press,
1957.
[6] HAKANSSON, NILS: "An Induced Theory of the Firm Under Risk: The Pure Mutual Fund,"
Journal of Financial and Quantitative Analysis, June 1970.
[7] —„:
"Optimal Investment and Consumption Strategies for a Class of Utility Functions,"
Ph.D. Dissertation, University of California at Los Angeles, 1966; also, Working Paper No. 101,
Western Management Science Institute, University of California at Los Angeles, June, 1966.
[8] _„__; "Risk Disposition and the Separation Property in Portfolio Selection," Journal of
Financial and Quantitative Analysis, December, 1969.
[9] MODIGLIANI, F., AND R. BRUMBERG: "Utility Analysis and the Consumption Function: An
Interpretation of Cross-Section Data," Post-Keynesian Economics (ed. K. Kurihara), New
Brunswick, Rutgers University Press, 1954.
[10] PHELPS. EDMUND: "The Accumulation of Risky Capital: A Sequential Utility Analysis,"
Economeirica, October, 1962.
[11] PRATT, JOHN: "Risk-Aversion in the Small and in the Large," Economeirica, January-April,
1964.
[12] VON NEUMANN, JOHN, and OSKAR MORGENSTERN : Theory of Games and Economic Behavior.
Princeton University Press, 1947.
2. OPTIMAL CAPITAL ACCUMULATION AND PORTFOLIO SELECTION 545