The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1997

Robert C. Merton

Photo from the Nobel Foundation archive.

Prize share: 1/2

Myron S. Scholes

Photo from the Nobel Foundation archive.

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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MLA style: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1997. NobelPrize.org. Nobel Media AB 2021. Sat. 10 Apr 2021. <https://www.nobelprize.org/prizes/economic-sciences/1997/summary/>

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