Myron Scholes was awarded Nobel Prize 1997 in Economic Sciences "for a new method to determine the value of derivatives."
Nationality Canada
Institution Stanford University, Graduate School of Business
Award 1997
Discipline Economic Sciences
Co-recipients Robert Merton
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