MYRON S. SCHOLES

1997 Nobel Laureate in Economics

for a new method to determine the value of derivatives.

• Born: 1941
• Residence: California, USA
• Education: Ph.D.'69 from the University of Chicago, USA
• Affiliation: Stanford University, Stanford, USA (Frank E. Buck Professor of Finance at the Graduate School of Business and Senior Research Fellow at the Hoover Institution)

• Exploring General Equilibrium by late Fischer Black, who was Merton and Scholes's close collaborator in research of derivatives and stock option valuation, and who is also cited in the Nobel Prize Announcement
• Options, Futures, and Other Derivatives Securities (3rd ed.) - John Hull's definitive textbook on derivatives mentioned in the background for the Nobel citation
• The Mathematics of Financial Deriatives: A Student Introduction - a popular, easy-to-understand introduction of the subject of financial derivatives
• Understanding Derivatives: What You Really Need to Know... - a highly readable guide to financial derivatives
• Other books on financial derivatives

• Prize co-recipient: Robert Merton
• Official award announcement and brief background
• Detailed outline of economic theories behind the award
• Stanford University press release
• Derivatives Internet Links

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• Drivatives in Plain English (submitted by Mildred)
• A four-language glossary on derivative instruments
• General explanation of derivatives
• Ashwin Kapur's Java Brewery - Applets for pricing financial options
• Article in Stanford Online Report
• Chicago's "Nobel Factory humming along" (submitted by Ross B. Emmett)
• University of Chicago Press release re: Scholes (submitted by Ross B. Emmett)
• Option Calculators (submitted by José)
• Derivatives books, software, databases and courses (submitted by Mark Rubinstein)
• Portfolio Optimization in Continous Time (submitted by Ferdinand Haas)
• U.S. Patent 5,884,286 Expirationless American Options (submitted by Vergil L. Daughtery, III)
• a new journal needed editors in economics (submitted by Dr. Ji-Huan He)
• google
• Financial Mathematics, Financial Engineering and Risk Management
• Autobiography (submitted by Martin)
• Nobel laureate Myron S. Scholes (submitted by Jackson)
• The economist Myron S. Scholes - anagrams (submitted by Davis)
• compartido con Robert C. Merton (1944-) por desarrollar un nuevo método para determinar el valor de los derivados (submitted by S5)
• new method to determine the value of derivatives (submitted by frank muller)
• Economista estadounidense, profesor en la Stanford University de California (submitted by Alex)
• WHEN GENIUS FAILED (submitted by Anonymous)
• Myron S. Scholes Biography from Encyclopedia Briatnnica (submitted by www.britannica.com)
• Myron S. Scholes - Biography (submitted by Lukas)
• Myron S Scholes Biography (submitted by Líneas Aéreas)

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