Comment on Robert C. Merton's “On the Application of the Continuous-Time Theory of Finance to Financial Intermediation and Insurance”

  • Ross S
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Abstract

… 52, July 1989), 225-261 On the Application of the Continuous-Time Theory of Finance to Financial Intermediation and Insurance * by Robert C. Merton ** 1. Introduction … Nor, however, is my aim to break new ground in the theory of finance …

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Ross, S. A. (1989). Comment on Robert C. Merton’s “On the Application of the Continuous-Time Theory of Finance to Financial Intermediation and Insurance.” The Geneva Papers on Risk and Insurance - Issues and Practice, 14(3), 271–273. https://doi.org/10.1057/gpp.1989.24

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