Date of Birth
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01-July-1941
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Place of Birth
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Timmins
(Canada, Ontario, North America, Cochrane District)
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Nationality
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Canada, United States of America
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Also know as
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Myron S Scholes, Myron Samuel Scholes, Myron S. Scholes
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Profession
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Scientist, Economist, Professor
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Myron Samuel Scholes is a Canadian-born American financial economist who is best known as one of the authors of the Black–Scholes equation. In 1997 he was awarded the Nobel Memorial Prize in Economic Sciences for a method to determine the value of derivatives. The model provides a conceptual framework for valuing options, such as calls or puts, and is referred to as the Black–Scholes model.
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