Le site de vulgarisation scientifique de l’Université de Liège. ULg, Université de Liège
Black and Scholes

Fisher Black and Myron Scholes are two American mathematicians. In 1973, they shook the world of financial mathematics in offering a mathematical model allowing an evaluation of financial assets, all the while considering them as the fruits of a stochastic process (random). They received the Nobel Prize for Economics in 1997.

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