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Robert C. Merton
Sign in to saveAlso known as Robert Carhart Merton, Robert Cox Merton, Robert Merton
American economist (1944-)
OverviewAI-generated
Robert C. Merton is an author and academic figure recognized for his contributions to finance. He was born on July 31, 1944. His written works include *The financial system and economic performance*, *A model of contract guarantees for credit-sensitive, opaque financial intermediaries*, *Principles of Finance*, *On the Mathematics and Economic Assumptions of Continuous-Time Models*, and *Theory of Rational Option Pricing*. Open Library lists 36 works attributed to him, while Crossref records five.
Merton has received recognition from the American Academy Arts Sciences and is included in the Nobel Economics collection. He has been awarded the Nobel Prize once. His Erdős number is 6.
Synthesized by Vinony from 16 facts across 8 sources: Wikidata, Last.fm, Crossref, MusicBrainz, Open Library, Nobel Prize, Vinony collections, Vinony graph. Generated from structured data (not the Wikipedia text) and checked against those facts — may still contain errors.
Person · Open Library
- Works
- 36
Top works
- The financial system and economic performance
- A model of contract guarantees for credit-sensitive, opaque financial intermediaries
- Principles of Finance
- On the Mathematics and Economic Assumptions of Continuous-Time Models
- Theory of Rational Option Pricing
via Open Library + Wikidata
Listeners · Last.fm
- Listeners
- 14
- Total plays
- 22
<a href="https://www.last.fm/music/Robert+C.+Merton">Read more on Last.fm</a>
Recent publications · Crossref
5 total works indexed
- Development of the Colle-Salvetti correlation-energy formula into a functional of the electron density
· 1988 · cited 95,762x
- Hallmarks of Cancer: The Next Generation
· 2011 · cited 56,528x
- Research electronic data capture (REDCap)—A metadata-driven methodology and workflow process for providing translational research informatics support
· 2009 · cited 46,809x
- Regression Shrinkage and Selection Via the Lasso
· 1996 · cited 39,769x
- The PHQ-9
· 2001 · cited 39,465x
via Crossref · CC0
Quotes
- “My decision to leave applied mathematics for economics was in part tied to the widely-held popular belief in the 1960s that macroeconomics had made fundamental inroads into controlling business cycles and stopping dysfunctional unemployment and inflation.”
via Wikiquote · CC BY-SA
Key facts
- Born
- Robert Cox Merton , ( 1944-07-31 ) July 31, 1944 (age 81) , New York City, New York , U.S.
- Alma mater
- Columbia University , California Institute of Technology , Massachusetts Institute of Technology
- Known for
- Black–Scholes–Merton model , ICAPM , Merton's portfolio problem , Merton model , Fractional Finance , Long-Term Capital Management
- Father
- Robert K. Merton
- Awards
- Nobel Memorial Prize in Economic Sciences (1997)
- Fields
- Finance , economics
- Institutions
- Massachusetts Institute of Technology Harvard University
- Doctoral advisor
- Paul Samuelson
- Doctoral students
- Jonathan E. Ingersoll , Robert Jarrow
via Wikipedia infobox
Nobel Prize
- The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel1997
“for a new method to determine the value of derivatives”
Shared · 1/2 portion
~9 min read
Encyclopedic overview
Robert Cox Merton (born July 31, 1944) is an American economist, Nobel Memorial Prize in Economic Sciences laureate, and professor at the MIT Sloan School of Management. He is best known for his pioneering contributions to continuous-time finance, particularly the first continuous-time option pricing model, the Black–Scholes–Merton model.
In 1997, Merton and Myron Scholes were jointly awarded the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel for developing a method to determine the value of derivative securities.
Excerpted from Wikipedia’s “Robert C. Merton” article, available under the CC BY-SA 4.0 licence.