Learn the contributions of Louis Bachelier, Ed Thorpe, and the groundbreaking work of Fischer Black, Myron Scholes, and Robert Merton in developing mathematical models for pricing options. Plus, explore the significance of the Black-Scholes/Merton equation in revolutionizing the options market.
A Rare Merger of Physics and Finance
Related Posts
New Evidence Suggests Nitrogen Played a Key Role In the Rise of Complex Life
Scientists from Virginia Tech have found evidence that biologically available nitrogen may have played a vital role in…
April 4, 2023
Pi Has Been Calculated to 62.8 Trillion Digits
Pi (π) is perhaps one of the most ubiquitous mathematical concepts in everyday life. For such a simple…
September 6, 2021
What We Know About the Force That Holds Atomic Nuclei Together
Some of us are well-versed in the forces that keep us tethered to the ground, and with those…
October 8, 2022
Evolution At Our Fingertips
In a fascinating demonstration of evolution, bacteria exposed to increasing concentrations of antibiotics develop resistance rapidly. Within 11…
August 2, 2024