--%>

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 : Numerical Analysis Hi, I was wondering

    Hi, I was wondering if there is anyone who can perform numerical analysis and write a code when required. Thanks

  • Q : Linear programming model of a Cabinet

    A cabinet company produces cabinets used in mobile and motor homes. Cabinets produced for motor homes are smaller and made from less expensive materials than those for mobile homes. The home office in Dayton Ohio has just distributed to its individual manufacturing ce

  • Q : Explain Black–Scholes model Explain

    Explain Black–Scholes model.

  • Q : Calculus I need it within 4 hours. Due

    I need it within 4 hours. Due time March 15, 2014. 3PM Pacific Time. (Los Angeles, CA)

  • 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 : Set Theory & Model of a Boolean Algebra

    II. Prove that Set Theory is a Model of a Boolean Algebra The three Boolean operations of Set Theory are the three set operations of union (U), intersection (upside down U), and complement ~.  Addition is set

  • Q : Probability assignments 1. Smith keeps

    1. Smith keeps track of poor work. Often on afternoon it is 5%. If he checks 300 of 7500 instruments what is probability he will find less than 20substandard? 2. Realtors estimate that 23% of homes purchased in 2004 were considered investment properties. If a sample of 800 homes sold in 2

  • Q : Probability and Stochastic assignment

    Introduction to Probability and Stochastic Assignment 1: 1. Consider an experiment in which one of three boxes containing microchips is chosen at random and a microchip is randomly selected from the box.

  • Q : What is the definition of a group Group

    Group: Let G be a set. When we say that o is a binary operation on G, we mean that o is a function from GxG into G. Informally, o takes pairs of elements of G as input and produces single elements of G as output. Examples are the operations + and x of

  • 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.