The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1997
Photo from the Nobel Foundation archive.
Robert C. Merton
Prize share: 1/2
Photo from the Nobel Foundation archive.
Myron S. Scholes
Prize share: 1/2
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1997 was awarded jointly to Robert C. Merton and Myron S. Scholes "for a new method to determine the value of derivatives."
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