Robert C. Merton
Appearance
Robert C. Merton | |
---|---|
Merton in 2010 | |
Born | New York City, New York, U.S. | July 31, 1944
Nationality | American |
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 |
Awards | Nobel Memorial Prize in Economic Sciences (1997) |
Scientific career | |
Fields | Finance, economics |
Institutions | Massachusetts Institute of Technology Harvard University |
Doctoral advisor | Paul Samuelson |
Doctoral students | Jonathan E. Ingersoll[1] Robert Jarrow |
Robert Cox Merton (born July 31, 1944) is an American economist. He is a professor at the MIT Sloan School of Management. In 1993 Merton co-founded hedge fund Long-Term Capital Management.
In 1997 Merton, with Myron Scholes, won the Nobel Memorial Prize in Economic Sciences.
References
[change | change source]- ↑ Ingersoll, Jonathan E. (1976), A contingent-claims valuation of convertible bonds and the optimal policies for call and conversion. Ph.D. dissertation, Massachusetts Institute of Technology.