Bounds on prices of contingent claims in an intertemporal economy with proportional transaction costs and general preferences

The Pricing of Options and Corporate Liabilities

Fischer Black, Myron S. Scholes · Journal of Political Economy · 1973 · 29.4K citations

Business, Economics, Finance +13

User’s guide to viscosity solutions of second order partial differential equations

Michael G. Crandall, Hitoshi Ishii, Pierre-Louis Lions · Bulletin of the American Mathematical Society · 1992 · 5K citations · Full text

Natural Sciences, Mathematics, Computational Fluid Dynamics +16

Continuous-Time Finance.

Stephen A. Ross, Robert C. Merton · The Journal of Finance · 1991 · 1.8K citations

Social Sciences, Economics, Finance +8

Portfolio Selection with Transaction Costs

Mark H. Davis, A. R. Norman · Mathematics of Operations Research · 1990 · 1.4K citations · Full text

Social Sciences, Economics, Finance +14

Option Pricing and Replication with Transactions Costs

Hayne E. Leland · The Journal of Finance · 1985 · 837 citations

Business, Finance, Asset Pricing +16