Article | Geneva Papers on Risk and Insurance | July 1989

On the Application of the Continuous-Time Theory of Finance to Financial Intermediation and Insurance

by Robert C. Merton

Keywords: Theory; Finance; Insurance;

Citation:

Merton, Robert C. "On the Application of the Continuous-Time Theory of Finance to Financial Intermediation and Insurance." Geneva Papers on Risk and Insurance 14, no. 52 (July 1989): 225–262. (Reproduced as Chapter 14 in Continuous-Time Finance.)