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Robert C. Merton

economist

Robert C. Merton

American economist (1944-)

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About Robert C. Merton

Robert Cox Merton 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.

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Occupation: economist, university teacher

Facts from Wikidata (CC0). Image by Digarnick at en.wikipedia via Wikimedia Commons (Public domain).

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United States

Born

July 31, 1944

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Theory of Rational Option Pricing Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case Labor supply flexibility and portfolio choice in a life cycle model Nobel laureates' letter to President Bush New Framework for Measuring and Managing Macrofinancial Risk and Financial Stability Macroeconomics and Finance: The Role of the Stock Market On Consumption-Indexed Public Pension Plans For the last time: stock options are an expense Black–Scholes model Harvard University

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