Vol. 22, No. 4, 2024 George M. Constantinides It is a great honor to be invited to participate and contribute to the 50-year celebration of the path breaking option pricing theory of Fischer Black, Robert Merton, and Myron Scholes (Black and Scholes (1973) and Merton (1973)). My focus is on financial intermediation and looking ahead… Read more
Special
Keynote Address by Nobel Laureate Myron S. Scholes Fall 2023 UMass Amherst CISDM Conference on: Black–Merton–Scholes Option Pricing: A 50-year Celebration and Looking Ahead
Vol. 22, No. 4, 2024 Myron S. Scholes View PDF… Read more
Introduction
Vol. 22, No. 4, 2024 Douglas Breeden, John Hull and Sanjay Nawalkha We are delighted to present the second special issue of the Journal of Investment Management, commemorating the 50th anniversary of the revolutionary Black-Merton-Scholes (BMS) option pricing model. This edition builds upon the themes of our first special issue, which featured Robert Merton’s keynote… Read more
About Fischer Black
Vol. 22, No. 3, 2024 Emanuel Derman This speech is based on the chapter about Fischer Black in my 2004 book My Life as a Quant. View PDF… Read more
Retirement Security Bonds
Vol. 22, No. 3, 2024 Robert C. Merton 50th Anniversary Speech by Nobel Laureate Robert C. Merton December 1, 2023 CISDM, UMass Amherst View PDF… Read more
Introduction
Vol. 22, No. 3, 2024 Douglas Breeden, John Hull and Sanjay Nawalkha View PDF… Read more
Letter from the Editor
Vol. 22, No. 3, 2024 View PDF… Read more