1997
Myron Sholes
Picture
(1941 - 0)
Nationality
Canada
Area of specialisation
Financial Economics
Price Motivation
For a new method to determine the value of derivatives
Affiliation at the time of Award
Chicago School Of Economics
CONTRIBUTION
Developed a method of determining the value of derivatives. The Black schools formula (together with Fischer black, who dead two years before the prize awarded
PUBLICATIONS
1 The association between market determined and accounting Determined risk measures (1970) 2 The capital asset pricing model: some empirical tests (1972) 3 The market for securities: substitution versus price pressure and the effects of information on share prices (1972) 4 The valuation of options contracts and test of market efficiency (1972)