Robert C. Merton

Economist and Nobel Prize laureate

Robert C. Merton - Economist and Nobel Prize laureate
Born

July 31st, 1944
81 years ago

Category

Thinkers & Philosophers

Country

United States

Links & References

Significant contributions to financial economics. Developed the Black-Scholes model for option pricing alongside Fischer Black and Myron Scholes, earning a Nobel Prize in Economic Sciences in 1997. Contributed to the development of risk management techniques and dynamic asset allocation strategies. Held academic positions at renowned institutions, including Massachusetts Institute of Technology and Harvard University. Published numerous influential papers and books in finance, shaping the understanding of derivative instruments and market behavior.

Developed the Black-Scholes option pricing model

Received the Nobel Prize in Economic Sciences in 1997

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