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ROBERT C. MERTON - SIGNATURE(S) - HFSID 272528

 
ROBERT C. MERTON
The Nobel Prize in Economics - 1997 signs on this card in black ink
Signature: "Robert C. Merton", 5x3 index card. In the early 1970s, Merton published a paper on the mathematics of stock option markets which reached the same conclusions as another paper by Fischer Black and Myron Scholes. The resulting model became known as Black-Scholes, but it was Merton and Scholes who received the 1997 Nobel Prize in Economics after Black's death. Merton is a strong exponent of the view that corporations which include stock options in compensation packages should treat these options as expenses on their balance sheets. He is the son of renowned sociologist Robert K. Merton, who coined the term "self-fulfilling prophecy." Fine condition.


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ROBERT C. MERTON  


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ROBERT C. MERTON
Born: July 31, 1944 in New York City, New York


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