Myron Scholes

Prize Lecture

Lecture to the memory of Alfred Nobel, December 9, 1997

Derivatives in a Dynamic Environment

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Copyright © The Nobel Foundation 1997

From Nobel Lectures, Economics 1996-2000, Editor Torsten Persson, World Scientific Publishing Co., Singapore, 2003

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MLA style: Myron S. Scholes – Prize Lecture. Nobel Prize Outreach AB 2022. Fri. 24 Jun 2022. <>

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