2Merton, Robert C, 1969, Lifetime Portfolio Selection under Un- certainty : The Continuous Time Case [ J ]. Review of Economics and Sta- tistics 51, (3) : 247 -257.
3Merton, Robert C, 1971, Optimum Consumption and Portfolio Rules in a Continuous2time Model[ J]. Journal of Economic Theory ,i 3, (4) :78 -89.
4Sharpe, W. , 1964, Capital Asset Prices : A Theory of Market E- quilibrium under Conditions of Risk[ J]. Journal of Finance, 56, (3) : 39 - 56.
5Tobin, J. , 1958, " Liquidity Preference as Behavior Toward Risk" [ J ]. Review of Economic Studies, 25, (2) :34 - 47.
7StePhell Satehell, Alan Scowcroft,2005, A Demystification of the Black - Littrerman Model: Managing Quantitative and Taditlonal Portforlio Construction [ J ]. Journal of Asset Management,2 : 138 - 150.
8Krishn an ,Mains,2005,The Two - Faetcr Black - Litterm an Model[Jl. Risk Magazine, (7) :67 -89.