Myron Scholes

Economist and Nobel Prize laureate

Myron Scholes - Thinkers & Philosophers born July 1st, 1941
Born
Category

Thinkers & Philosophers

Country

Canada

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Born in 1941, an economist contributed significantly to the development of financial economics. Co-created the Black-Scholes model for option pricing, which transformed financial markets and investment strategies. Served as a professor at various universities, including Stanford University and the University of Chicago. Played a pivotal role in the evolution of derivatives trading and risk management.

Developed the Black-Scholes option pricing model

Received the Nobel Prize in Economic Sciences in 1997

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