People

Myron Scholes

Myron Scholes

Formal First Name
Myron
Dates
7/1/1941 - present

Myron Scholes is a renowned economist who was awarded the Nobel prize in 1997 for developing a new method of determining the value of derivatives. His research’s main focus is on understanding uncertainty and its effect on asset prices and the value of options, particularly with regards to flexibility options. He authored several titles on investment banking and incentives.

Nobel Memorial Prize in Economic Science, The Nobel Foundation, 1997