--%>

Who derived the Black–Scholes Equation

Who derived the Black–Scholes Equation?

E

Expert

Verified

Fischer Black, Myron Scholes and Robert Merton derived the Black–Scholes equation for options in the early seventies, publishing it in two separate papers in 1973.

   Related Questions in Mathematics

  • Q : Mathematical and Theoretical Biology

    Mathematical and theoretical biology is an interdisciplinary scientific research field with a range of applications in the fields of biology, biotechnology, and medicine. The field may be referred to as mathematical biology or biomathematics to stress the mathematical

  • Q : Properties of a group How can we say

    How can we say that the pair (G, o) is a group. Explain the properties which proof it.

  • Q : State Measuring complexity Measuring

    Measuring complexity: Many algorithms have an integer n, or two integers m and n, as input - e.g., addition, multiplication, exponentiation, factorisation and primality testing. When we want to describe or analyse the `easiness' or `hardness' of the a

  • Q : What is limit x tends to 0 log(1+x)/x

    What is limit x tends to 0  log(1+x)/x to the base a?

  • Q : Containee problem For queries Q 1 and Q

    For queries Q1 and Q2, we say Q1 is containedin Q2, denoted Q1 C Q2, iff Q1(D) C Q2

  • Q : Uniform scaling what is uniform scaling

    what is uniform scaling in computer graphic

  • Q : The mean of the sampling distribution

    1. Caterer determines that 87% of people who sampled the food thought it was delicious. A random sample of 144 out of population of 5000 taken. The 144 are asked to sample the food. If P-hat is the proportion saying that the food is delicious, what is the mean of the sampling distribution p-hat?<

  • Q : Problem on mixed-strategy equilibrium

    Assume three Offices (A, B, & C) in downtown,  simultaneously decide whether to situate in a new Building. The payoff matrix is illustrated below. What is (are) the pure stratgy Nash equilibrium (or equilibria) and mixed-strtegy equilibrium of the game?

  • Q : Logic and math The homework is attached

    The homework is attached in the first two files, it's is related to Sider's book, which is "Logic for philosophy" I attached this book too, it's the third file.

  • Q : How to calculate area of pyramid

    Calculate area of pyramid, prove equation?