| 1、Louis Bachelier, 1900, Theory of speculation |
| 2、Eugene F. Fama, Lawrence Fisher, Michael Jensen and Richard Roll ，1969, The Adjustment of Stock Prices to New Information |
| 3、John Keynes, 1936, The state of long-term expectations, in the General Theory |
| 4、Lux.T，1995, Herd behavior, bubbles and crashes |
| 5、Lucas，1972，Prices and production（Neutrality of money） |
| 6、Kahneman and Tversky，1979，prospect theory |
| 7、Harry Markowitz, 1952, Portfolio selection |
| 8、JF Kenneth Arrow, 1953, The role of securities in the optimal allocation of risk sharing |
|
|
| 9、RES(1964) Franco Modigliani and Merton Miller, 1958, The cost of capital, corporate finance and theory of investment（M&M） |
| 10、AER Paul Samuelson, 1965, Proof that properly anticipated prices fluctuate randomly |
| 11、Fischer Black and Myron Scholes, 1973, The pricing of options and corporate liabilities |
| 12、JPE Michael Jenson and William Meckling, 1976, Theory of firm |
| 13、JFE Robert Lucas, 1978, Asset prices in an exchange economy |
| 14、EMCT Michael Harrison and David Kreps, 1979, Martingale and arbitrage in multiperiod securities markets |
| （这些论文都在金融的理论与实践中产生了深远的影响，有些互联网无法找到资源，则未能为您提供链接。） |
|
