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1 (of 7) Robert C. Merton receiving his Prize from the hands of His Majesty the King.

Copyright © Pica Pressfoto AB 1997, S-105 17 Stockholm, Sweden, telephone: +46-8-13 52 40 Photo: Jonas Ekströmer

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2 (of 7) All 1997 Nobel Laureates on the Stockholm Concert Hall stage. Economics Laureate Myron S. Scholes is first from right.

© Pressens Bild AB, 1997 S-112 88 Stockholm, Sweden, telephone: +46 (0)8 738 38 00. Photo: Ola Torkelsson

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3 (of 7) A view of the Nobel Prize Award Ceremony at the Stockholm Concert Hall, 10 December 1997.

© Pica Pressfoto AB 1997, S-105 17 Stockholm, Sweden, telephone: +46-8-13 52 40. Photo: Ulf Palm

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4 (of 7) Myron S. Scholes and Robert C. Merton showing their diplomas after the Nobel Prize award ceremony in Stockholm, Sweden on 10 December 1997.

Photo from the Lars Åström archive

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5 (of 7) 1997 Nobel Prize laureates assembled at the Swedish Academy in Stockholm during Nobel Week, December 10997. From left: Jens C. Skou, Stanley B. Prusiner, Steven Chu, Robert C. Merton and Myron S. Scholes.

Photo from the Lars Åström archive

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6 (of 7) All 1997 laureates assembled at the Swedish Academy in Stockholm Sweden during Nobel Week, December 1997. Back row from left: Chemistry laureate Jens C. Skou, medicine laureate Stanley B. Prusiner, literature laureate Dario Fo, economi sciences laureates Robert C. Merton and Myron S. Scholes. Front row from left: Chemistry laureate John E. Walker, physics laureate William D. Phillips, chemistry laureate Paul D. Boyer and physics laureate Claude Cohen-Tannoudji.

Photo from the Lars Åström archive

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7 (of 7) Eight of the 1997 Nobel Prize laureates assembled during Nobel Week, December 1997. Back row from left: Robert C. Merton, Steven Chu, Myron S. Scholes, William D. Phillips and and John E. Walker. Front row from left: Paul D. Boyer, Claude Cohen-Tannoudji and Jens C. Skou

Photo from the Lars Åström archive