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      • October 1973 (Revised May 1983)
      • Case

      Zenith Radio Corp. (A)

      By: Robert H. Hayes
      Provides an analysis of capital investment (new plant and equipment), production, and operations management. View Details
      Keywords: Management; Capital; Investment; Production; Infrastructure
      Citation
      Educators
      Purchase
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      Hayes, Robert H. "Zenith Radio Corp. (A)." Harvard Business School Case 674-026, October 1973. (Revised May 1983.)
      • September 1973
      • Article

      An Intertemporal Capital Asset Pricing Model

      By: Robert C. Merton
      Keywords: Capital; Assets
      Citation
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      Merton, Robert C. "An Intertemporal Capital Asset Pricing Model." Econometrica 41, no. 5 (September 1973): 867–887. (Chapter 15 in Continuous-Time Finance.)
      • September 1973 (Revised October 1980)
      • Case

      Sea Pines Racquet Club

      By: W. Earl Sasser
      The student is required to develop a strategy for a tennis club of a large resort area. The tennis director must decide how many courts he needs to build within the next three years, what surface they should have, and how much he should charge for their use.... View Details
      Keywords: Price; Service Operations; Organizations; Performance Capacity; Planning; Strategy; Accommodations Industry; Sports Industry
      Citation
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      Sasser, W. Earl. "Sea Pines Racquet Club." Harvard Business School Case 674-011, September 1973. (Revised October 1980.)
      • August 1973
      • Case

      Northwestern Mutual Life Insurance Co. (B)

      By: Stephen A. Greyser
      Keywords: Insurance; Insurance Industry
      Citation
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      Greyser, Stephen A. "Northwestern Mutual Life Insurance Co. (B)." Harvard Business School Case 574-021, August 1973.
      • spring 1973
      • Article

      Management of Commercial Bank Government Security Portfolios: An Optimization Approach Under Uncertainty

      By: D. B. Crane and Stephen P. Bradley
      Keywords: Management; Banks and Banking; Government and Politics; Investment; Risk and Uncertainty
      Citation
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      Crane, D. B., and Stephen P. Bradley. "Management of Commercial Bank Government Security Portfolios: An Optimization Approach Under Uncertainty." Journal of Bank Research 4, no. 1 (spring 1973).
      • March 1973
      • Article

      The Relationship between Put and Call Option Prices: Comment

      By: Robert C. Merton
      Keywords: Price; Stocks
      Citation
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      Merton, Robert C. "The Relationship between Put and Call Option Prices: Comment." Journal of Finance 28, no. 1 (March 1973): 183–184.
      • spring 1973
      • Article

      Theory of Rational Option Pricing

      By: Robert C. Merton
      Keywords: Theory; Price
      Citation
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      Merton, Robert C. "Theory of Rational Option Pricing." Bell Journal of Economics and Management Science 4, no. 1 (spring 1973): 141–183. (Chapter 8 in Continuous-Time Finance.)
      • January 1973 (Revised September 1990)
      • Case

      Carrefour S.A.

      By: William E. Fruhan Jr.
      Involves a very rapidly growing retail chain that is financing itself in an unusual (and at first glance) risky fashion. View Details
      Keywords: Growth and Development Strategy; Financing and Loans; Risk and Uncertainty; Retail Industry
      Citation
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      Fruhan, William E., Jr. "Carrefour S.A." Harvard Business School Case 273-099, January 1973. (Revised September 1990.)
      • January 1973
      • Article

      'Continuous-Time Speculative Processes': Appendix to Paul A. Samuelson's 'Mathematics of Speculative Price'

      By: Robert C. Merton
      Keywords: Price
      Citation
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      Merton, Robert C. "'Continuous-Time Speculative Processes': Appendix to Paul A. Samuelson's 'Mathematics of Speculative Price'." SIAM Review 15 (January 1973): 34–38.
      • Article

      Accounting Changes and Stock Prices

      By: Robert S. Kaplan and Richard Roll
      Keywords: Stocks; Accounting
      Citation
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      Kaplan, Robert S., and Richard Roll. "Accounting Changes and Stock Prices." Financial Analysts Journal (January–February 1973): 48–53.
      • October 1972
      • Article

      A Dynamic Model for Bond Portfolio Management

      By: D. B. Crane and S. P. Bradley
      Keywords: Bonds; Investment; Management
      Citation
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      Crane, D. B., and S. P. Bradley. "A Dynamic Model for Bond Portfolio Management." Management Science 19, no. 2 (October 1972).
      • September 1972
      • Article

      An Analytical Derivation of the Efficient Portfolio Frontier

      By: Robert C. Merton
      Keywords: Investment
      Citation
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      Merton, Robert C. "An Analytical Derivation of the Efficient Portfolio Frontier." Journal of Financial and Quantitative Analysis 10 (September 1972): 1851–1872.
      • January–February 1972
      • Article

      Who Benefits from a Floating Prime Rate?

      By: D. B. Crane and William L White
      Keywords: Interest Rates
      Citation
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      Crane, D. B., and William L White. "Who Benefits from a Floating Prime Rate?" Harvard Business Review 50, no. 1 (January–February 1972).
      • December 1971 (Revised December 1994)
      • Background Note

      Capital Structure Decision: Underlying Theory

      By: William E. Fruhan Jr.
      Demonstrates hypothetically and numerically the share price valuation impact of changes in a firm's capital structure. View Details
      Keywords: Capital Structure; Decisions
      Citation
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      Fruhan, William E., Jr. "Capital Structure Decision: Underlying Theory." Harvard Business School Background Note 272-096, December 1971. (Revised December 1994.)
      • Article

      A Stochastic Programming Model for Commercial Bank Bond Portfolio Management

      By: D. B. Crane
      Keywords: Bonds; Investment; Management
      Citation
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      Crane, D. B. "A Stochastic Programming Model for Commercial Bank Bond Portfolio Management." Journal of Financial and Quantitative Analysis 6, no. 3 (June 1971).
      • winter 1971
      • Article

      Patient Incentives and Hospital Insurance

      By: Robert S. Kaplan and Lester Lave
      Keywords: Health; Insurance; Motivation and Incentives; Health Industry
      Citation
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      Kaplan, Robert S., and Lester Lave. "Patient Incentives and Hospital Insurance." Health Services Research 6 (winter 1971): 288–300. (see also "Further Thoughts on Patient Incentives," Health Services Research (summer 1972): 148-150.)
      • 1970
      • Book

      Managing the Resource Allocation Process: A Study of Corporate Planning and Investment

      By: J. L. Bower
      Keywords: Management; Resource Allocation; Planning; Investment; Information
      Citation
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      Bower, J. L. Managing the Resource Allocation Process: A Study of Corporate Planning and Investment. Boston, MA: Harvard Business School, Division of Research, 1970.
      • summer 1970
      • Article

      Marketing Strategy and Bank Service Interaction: A Probability Model

      By: D. B. Crane
      Keywords: Marketing; Strategy; Banks and Banking
      Citation
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      Crane, D. B. "Marketing Strategy and Bank Service Interaction: A Probability Model." Journal of Bank Research 1 (summer 1970).
      • 1970
      • Report

      Foreign Investment in Joint Ventures: Some Effects of Government Policies in Less Developed Countries

      By: L. T. Wells Jr.
      Keywords: Joint Ventures; Foreign Direct Investment; Policy; Developing Countries and Economies
      Citation
      Related
      Wells, L. T., Jr. "Foreign Investment in Joint Ventures: Some Effects of Government Policies in Less Developed Countries." Economic Development Report, Harvard University, Development Advisory Service, Cambridge, January 1970.
      • Article

      Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case

      By: Robert C. Merton
      Keywords: Risk and Uncertainty; Investment
      Citation
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      Related
      Merton, Robert C. "Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case." Review of Economics and Statistics 51, no. 3 (August 1969): 247–257. (Chapter II of Ph.D. dissertation; Chapter 4 in Continuous-Time Finance.)
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