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Robert C. Merton

Global rank #713 99%

Institution: Massachusetts Institute of Technology (MIT)

Primary Field: Finance (weighted toward more recent publications)

Homepage: http://mitsloan.mit.edu/faculty/detail.php?in_spseqno=SP000170&co_list=F

First Publication: 1969

Most Recent: 2022

RePEc ID: pme203 ↗

Publication Scores

Scores use coauthorship adjustment: α/n credit per paper, where n = number of authors. α = 2.01: calibrated so average adjusted count equals average raw count (a zero-sum adjustment).

Period S (4x) A (2x) B (1x) C (½x) Total
Last 5 Years 0.00 0.00 1.01 0.00 1.01
Last 10 Years 0.00 0.00 2.01 0.00 2.01
All Time 5.03 21.45 12.74 0.00 75.74

Publication Statistics

Raw Publications 24
Coauthorship-Adjusted Count 39.38

Publications (24)

Year Article Journal Tier Authors
2022 No-fault default, chapter 11 bankruptcy, and financial institutions Journal of Banking & Finance B 2
2019 Customers and investors: A framework for understanding the evolution of financial institutions Journal of Financial Intermediation B 2
2013 Systemic risk and the refinancing ratchet effect Journal of Financial Economics A 3
2006 Do a firm's equity returns reflect the risk of its pension plan? Journal of Financial Economics A 3
1998 Applications of Option-Pricing Theory: Twenty-Five Years Later. American Economic Review S 1
1997 A Model of Contract Guarantees for Credit-Sensitive, Opaque Financial Intermediaries Review of Finance B 1
1995 Financial innovation and the management and regulation of financial institutions Journal of Banking & Finance B 1
1992 Labor supply flexibility and portfolio choice in a life cycle model Journal of Economic Dynamics and Control B 3
1987 A Simple Model of Capital Market Equilibrium with Incomplete Information. Journal of Finance A 1
1986 Dividend Variability and Variance Bounds Tests for the Rationality ofStock Market Prices. American Economic Review S 2
1980 On estimating the expected return on the market : An exploratory investigation Journal of Financial Economics A 1
1977 An analytic derivation of the cost of deposit insurance and loan guarantees An application of modern option pricing theory Journal of Banking & Finance B 1
1977 On the pricing of contingent claims and the Modigliani-Miller theorem Journal of Financial Economics A 1
1976 The Impact on Option Pricing of Specification Error in the Underlying Stock Price Returns. Journal of Finance A 1
1976 Option pricing when underlying stock returns are discontinuous Journal of Financial Economics A 1
1975 Theory of Finance from the Perspective of Continuous Time Journal of Financial and Quantitative Analysis B 1
1975 An Asymptotic Theory of Growth Under Uncertainty Review of Economic Studies S 1
1974 Generalized Mean-Variance Tradeoffs for Best Perturbation Corrections to Approximate Portfolio Decisions. Journal of Finance A 2
1974 On the Pricing of Corporate Debt: The Risk Structure of Interest Rates. Journal of Finance A 1
1974 Fallacy of the log-normal approximation to optimal portfolio decision-making over many periods Journal of Financial Economics A 2
1973 The Relationship Between Put and Call Option Prices: Comment. Journal of Finance A 1
1972 An Analytic Derivation of the Efficient Portfolio Frontier Journal of Financial and Quantitative Analysis B 1
1971 Optimum consumption and portfolio rules in a continuous-time model Journal of Economic Theory A 1
1969 Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case. Review of Economics and Statistics A 1