Robert Merton was awarded Nobel Prize 1997 in Economic Sciences "for a new method to determine the value of derivatives."
Nationality United States
Institution Harvard University
Award 1997
Discipline Economic Sciences
Co-recipients Myron Scholes
MotivationAwarded with Nobel Prize 1997 in Economic Sciences "for a new method to determine the value of derivatives."
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Further Information on the Official Web Site of the Nobel Prize
