Myron Scholes

thumb|Myron Scholes, 2008 Myron Samuel Scholes (born July 1, 1941) is a Canadian-born American financial economist who is best known as one of the authors of the Black–Scholes equation. In 1997 he was awarded the Nobel Memorial Prize in Economic Sciences for a method to determine the value of derivatives. The model provides a conceptual framework for valuing options, such as calls or puts, and is referred to as the Black–Scholes model. Quotes Now it is time to encourage the BIS and other regulatory bodies to support studies on stress-test and concentration methodologies. Planning for crises is more important than VAR analysis. American Economic Review (May 2000) External links Black-Scholes Options Pricing Model The Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel 1997 Myron Scholes Stanford University Faculty Page Category:Economists from Canada Category:People from Ontario Category:Living people Category:Nobel laureates in Economics Category:Nobel laureates from Canada Category:University of Chicago alumni