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Robert C. Merton
Sign in to saveAlso known as Robert Carhart Merton, Robert Cox Merton, Robert Merton
American economist (1944-)
Key facts
- Born
- Robert Cox Merton , ( 1944-07-31 ) July 31, 1944 (age 81) , New York City, New York , U.S.
- Alma mater
- Columbia University , California Institute of Technology , Massachusetts Institute of Technology
- Known for
- Black–Scholes–Merton model , ICAPM , Merton's portfolio problem , Merton model , Fractional Finance , Long-Term Capital Management
- Father
- Robert K. Merton
- Awards
- Nobel Memorial Prize in Economic Sciences (1997)
- Fields
- Finance , economics
- Institutions
- Massachusetts Institute of Technology Harvard University
- Doctoral advisor
- Paul Samuelson
- Doctoral students
- Jonathan E. Ingersoll , Robert Jarrow
via Wikipedia infobox
Nobel Prize
- The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel1997
“for a new method to determine the value of derivatives”
Shared · 1/2 portion
Wikidata facts
- Instance of
- human
- Given name
- Robert
- Gender
- male
- Citizenship
- United States
- Place of birth
- New York City
- Father
- Robert K. Merton
- Occupation
- university teacher
- Educated at
- Harvard Business School
- Employer
- Long-Term Capital Management
- Languages spoken
- English language
- Notable work
- Black–Scholes model
- Doctoral advisor
- Paul Samuelson
- Student of
- Paul Samuelson
- Field of work
- asset pricing
- Image
- Robert C. Merton.jpg
Show 9 more facts
- influenced by
- Paul Samuelson
- date of birth
- 1944-07-31
- member of
- Econometric Society
- Commons category
- Robert C. Merton
- Erdős number
- 6
- name in native language
- Robert Carhart Merton
- different from
- Robert Merton
- maintained by WikiProject
- WikiProject Mathematics
- interested in
- economics
Sources (6)
via Wikidata · CC0
~9 min read
Encyclopedic overview
Robert Cox Merton (born July 31, 1944) is an American economist, Nobel Memorial Prize in Economic Sciences laureate, and professor at the MIT Sloan School of Management. He is best known for his pioneering contributions to continuous-time finance, particularly the first continuous-time option pricing model, the Black–Scholes–Merton model.
In 1997, Merton and Myron Scholes were jointly awarded the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel for developing a method to determine the value of derivative securities.
Excerpted from Wikipedia’s “Robert C. Merton” article, available under the CC BY-SA 4.0 licence.