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Robert C. Merton

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Robert C. Merton
Robert Merton November 2010 03(1).jpg
Merton in 2010
Born (1944-07-31) July 31, 1944 (age 77)
NationalityAmerican
Alma materColumbia University
California Institute of Technology
Massachusetts Institute of Technology
Known forBlack–Scholes–Merton model
ICAPM
Merton's portfolio problem
Merton model
Fractional Finance
Long-Term Capital Management
AwardsNobel Memorial Prize in Economic Sciences (1997)
Scientific career
FieldsFinance, economics
InstitutionsMassachusetts Institute of Technology Harvard University
Doctoral advisorPaul Samuelson
Doctoral studentsJonathan 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]

  1. 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.

Other websites[change | change source]