Myron Scholes
Economist and Nobel Prize laureate
Born
July 1st, 1941
83 years ago
Category
Thinkers & Philosophers
Country
Canada
Links & References
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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