Harry M. Markowitz, Merton H. Miller, William F. Sharpe, Robert C. Merton and Myron S. Scholes

Edited by Howard R. Vane, Emeritus Professor of Economics, Liverpool Liverpool Business School, John Moores University, UK and Chris Mulhearn, formerly Reader in Economics, Liverpool Business School, Liverpool John Moores University, UK

• Contents:AcknowledgementsGeneral IntroductionPART IHARRY M. MARKOWITZIntroduction to Part IHoward R. Vane and Chris Mulhearn1. Harry Markowitz (1952a), ‘Portfolio Selection’2. Harry Markowitz (1952b), ‘The Utility of Wealth’3. H. Levy and H.M. Markowitz (1979), ‘Approximating Expected Utility by a Function of Mean and Variance’4. Harry M. Markowitz and Eric L. van Dijk (2003), ‘Single-Period Mean-Variance Analysis in a Changing World’PART IIMERTON H. MILLERIntroduction to Part IIHoward R. Vane and Chris Mulhearn5. Franco Modigliani and Merton H. Miller (1958), ‘The Cost of Capital, Corporation Finance and the Theory of Investment’6. Franco Modigliani and Merton H. Miller (1959), ‘The Cost of Capital, Corporation Finance and the Theory of Investment: Reply’7. Merton H. Miller and Franco Modigliani (1961), ‘Dividend Policy, Growth, and the Valuation of Shares’8. Franco Modigliani and Merton H. Miller (1963), ‘Corporate Income Taxes and the Cost of Capital: A Correction’9. Merton H. Miller and Franco Modigliani (1966), ‘Some Estimates of the Cost of Capital to the Electric Utility Industry, 1954–57’10. Merton H. Miller (1977), ‘Debt and Taxes’PART IIIWILLIAM F. SHARPEIntroduction to Part IIIHoward R. Vane and Chris Mulhearn11. William F. Sharpe (1963), ‘A Simplified Model For Portfolio Analysis’12. William F. Sharpe (1964), ‘Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk’13. William F. Sharpe (1966), ‘Mutual Fund Performance’14. William F. Sharpe (1978), ‘Bank Capital Adequacy, Deposit Insurance, and Security Values’PART IVROBERT C. MERTONIntroduction to Part IVHoward R. Vane and Chris Mulhearn15. Robert C. Merton (1969), ‘Lifetime Portfolio Selection Under Uncertainty: The Continuous-Time Case’16. Robert C. Merton (1971), ‘Optimum Consumption and Portfolio Rules in a Continuous-Time Model’17. Robert C. Merton (1973a), ‘Theory of Rational Option Pricing’18. Robert C. Merton (1973b), ‘An Intertemporal Capital Asset Pricing Model’19. Robert C. Merton (1974), ‘On the Pricing of Corporate Debt: The Risk Structure of Interest Rates’20. Robert C. Merton (1977), ‘On the Pricing of Contingent Claims and the Modigliani-Miller Theorem’PART VMYRON S. SCHOLES Introduction to Part VHoward R. Vane and Chris Mulhearn21. Fischer Black and Myron Scholes (1972), ‘The Valuation of Option Contracts and a Test of Market Efficiency’22. Fischer Black and Myron Scholes (1973), ‘The Pricing of Options and Corporate Liabilities’23. Fischer Black and Myron Scholes (1974), ‘The Effects of Dividend Yield and Dividend Policy on Common Stock Prices and Returns’24. Myron Scholes and Joseph Williams (1977), ‘Estimating Betas from Nonsynchronous Data’25. Merton H. Miller and Myron S. Scholes (1978), ‘Dividends and Taxes’Name Index

‘What a brilliant idea! To provide readers with both information on the Nobel Laureates in Economics and, to the degree possible, the original papers for which they were honored. The names of the “contributing” Laureates speak for themselves. Howard Vane and Chris Mulhearn, the editors, and Edward Elgar, the publisher, are to be congratulated for putting the idea into effect.’