鏈�鏂般�愮簿鍝併�戣寖鏂?/p>
鍙傝�冩枃鐚?/p>
涓撲笟璁烘枃
浼佷笟骞惰喘涓殑绾崇◣绛瑰垝鏂囩尞缁艰堪
浼佷笟骞惰喘涓殑绾崇◣绛瑰垝鏂囩尞缁艰堪
銆愭憳瑕併�?/p>
20
涓栫邯浠ユ潵骞惰喘宸茬粡鎴愪负浼佷笟蹇�熸墿寮犲拰鏁村悎鐨勯噸
瑕佹墜娈典箣涓�銆?/p>
涓轰簡鎺㈢┒浼佷笟骞惰喘鐨勭撼绋庣鍒掞紝
鍥藉唴澶栧鑰呬粠涓嶅悓瑙掑害
鍋氫簡澶ч噺鐨勭爺绌讹紝
鏈枃瀵瑰浗鍐呭鏈夊叧浼佷笟骞惰喘涓殑绾崇◣绛瑰垝閲嶈鏂囩尞
杩涜浜嗘�荤粨鍜屾⒊鐞嗭紝
骞舵寚鍑轰簡骞惰喘涓殑绾崇◣绛瑰垝鐜版湁鐮旂┒鐨勫眬闄愭�у拰
杩涗竴姝ュ�煎緱鐮旂┒鐨勯鍩熴�?/p>
銆愬叧閿瘝銆?/p>
骞惰喘
绾崇◣绛瑰垝
鏂囩尞缁艰堪
涓�銆佸浗澶栫爺绌剁幇鐘?/p>
1
銆佺◣鏀跺浼佷笟骞惰喘褰卞搷鐨勭浉鍏崇悊璁?/p>
鑾开鍒╀簹灏煎拰绫冲嫆锛?/p>
1958
锛?/p>
锛?/p>
Miller M.H.
鍜?/p>
Modigliani F
锛夋彁
鍑虹殑
MM
瀹氱悊鏃╂湡瑙傜偣璁や负鍦ㄦ病鏈夋墍寰楃◣鐨勬儏鍐典笅鍏徃浠峰�间笌浼佷笟璧?/p>
鏈粨鏋勬病鏈夊叧绯伙紝涓嶄細鍥犱负鍊烘潈璧勬湰澧炲姞鑰屽鍔狅紝
1963
骞村姞鍏ヤ簡浼?/p>
涓氭墍寰楃◣鍥犵礌鍚庡彂鐜帮細鐢变簬浼佷笟鐨勮礋鍊哄埄鎭彲浠ュ厤绋庯紝璐熷�哄鍔狅紝浼?/p>
涓氱殑鍔犳潈骞冲潎鎴愭湰灏变細闄嶄綆锛?/p>
鍥犳璐熷�轰細鍥犲埄鎭殑鎶电◣浣滅敤鑰屽鍔犱紒
涓氫环鍊硷紝瀵规姇璧勮�呮潵璇翠篃鎰忓懗鐫�鏇村鐨勫彲鍒嗛厤缁忚惀鏀跺叆銆?/p>
璇鸿礉灏旂粡娴庡濂栧緱涓讳箣涓�杩堜鸡
?
鏂灏旀柉锛?/p>
Myron Samuel
Scholes
锛?/p>
锛?/p>
1976
锛夌瓑浜烘彁鍑轰簡鈥滄樉鎬х◣鏀垛�濆拰鈥滈殣鎬х◣鏀垛�濓紝骞剁爺绌?/p>
浜嗏�滅◣鍚庢敹鐩婃渶澶у寲鈥濅笌鈥滅◣鏀跺鍒┾�濋棶棰樸�?/p>
鑹惧厠鍫★紙
Eckbo
锛?/p>
锛?/p>
1983
锛夋彁鍑轰簡绋庢敹瀵瑰苟璐殑涓�浜涘叿浣撲綔鐢紝绋?/p>
鍒朵腑灏ゅ叾鏄墍寰楃◣鏄縺鍔卞叕鍙稿苟璐殑涓昏鍥犵礌锛?/p>
骞惰喘鏇村姞绐佸嚭浜嗙◣鐩?/p>
鏁堝簲锛?/p>
绋庢硶涓殑浼佷笟璧勪骇浠峰�奸噸浼板鍊间娇鎶樻棫澧炲姞銆?/p>
浜忔崯閫掑欢绛夐兘鑳?/p>
浣夸紒涓氬悎鐞嗛伩绋庯紝浜轰滑浼氳皟鏁翠氦鏄撴柟寮忥紝灏藉彲鑳藉噺灏戠◣璐熴�?/p>
Shrieves
鍜?/p>
Pashley
锛?/p>
1984
锛?/p>
璁や负浼佷笟鍦ㄦ帶鍒朵簡瑙勬ā涓庝骇涓氱殑褰?/p>
鍝嶅悗锛?/p>
璐㈠姟鏉犳潌姣旂巼鏄捐憲澧炲姞锛?/p>
骞惰喘鍚庡叕鍙哥殑涓惧�鸿兘鍔涘ぇ浜庡苟璐墠鐨?/p>
璐熷�鸿兘鍔涗箣鍜岋紝浣垮叕鍙哥◣鐩炬晥搴斿鍔犮�?/p>
鏂帿鍔冲厠銆佽礉钂傚拰姊呰�跺痉锛?/p>
Beatty Smirlock
鍜?/p>
Majd
锛?/p>
锛?/p>
1986
锛?/p>
璁や负锛?/p>
骞惰喘涓檷浣庣◣璐熷悓鏃跺奖鍝嶇◣鏀跺姩鏈猴紝
鏈変簺骞惰喘娲诲姩濡傝浆绉荤◣璐熴�?/p>
寤堕暱绾崇◣鏃堕棿绛夊彲鑳芥槸鑰冭檻浜嗙◣鏀舵渶灏忓寲鐨勫奖鍝嶃�?/p>