Myron Scholes shares the 1997 economic sciences award with Robert Merton for advances in valuing financial derivatives. His work with Fischer Black helped establish the Black Scholes option pricing framework, which connected option values to underlying asset prices, time and uncertainty.
The World History Database · Nobel archive
Myron Scholes
Nobel Prize history for Myron Scholes based on the award records stored in the World History Database.
1Recorded awards
United States of AmericaCountry as recorded
Recorded Nobel Prize awards
1 distinct award entry or entries in the World History Database.
Other recipients in the same prize year and category
These pages index Nobel-related award records in the World History Database. Coverage and historical spellings reflect the stored records and may be incomplete. For the official award register and prize citations, consult NobelPrize.org.