DocuWatch on Facebook
Art America Britain History Science Societies War Shop
DocuWatch

The Midas Formula - (1999)

« The Founding Of The Royal Society

The Passionate Statitician »

Description

Horizon - The Midas Formula - [1999-12-02]

 The Midas Formula

 From Wikipedia

 The term Black–Scholes refers to three closely related concepts:

 Fischer Black and Myron Scholes first articulated the Black–Scholes formula in their 1973 paper, "The Pricing of Options and Corporate Liabilities." The foundation for their research relied on work developed by scholars such as Jack L. Treynor, Paul Samuelson, A. James Boness, Sheen T. Kassouf, and Edward O. Thorp. The fundamental insight of Black–Scholes is that the option is implicitly priced if the stock is traded.

 Robert C. Merton was the first to publish a paper expanding the mathematical understanding of the options pricing model and coined the term "Black–Scholes" options pricing model.

 Merton and Scholes received the 1997 The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for this and related work. Though ineligible for the prize because of his death in 1995, Black was mentioned as a contributor by the Swedish academy. Today the uniqueness and originality of the model developed by Black, Scholes and Merton is disputed. As early as 1908 the Italian mathematician Vinzenz Bronzin developed a largely identical model.

Tags

Other videos in channel "Math":

A Brilliant Madness A Brilliant Madness A Mathematical Mystery Tour - (1984) A Mathematical Mystery Tour - (1984) Arithmetic, Population And Energy Arithmetic, Population And Energy
Basic Math Basic Math Beautiful Equations Beautiful Equations
Dangerous Knowledge 1 Dangerous Knowledge 1 Dangerous Knowledge 2 Dangerous Knowledge 2 Emergence Of Greek Mathematics Emergence Of Greek Mathematics
Fermat's Last Theorem Fermat's Last Theorem Fibonacci and the Golden Mean Fibonacci and the Golden Mean
Fractals Fractals Fractals; The True Geometry Of Nature Fractals; The True Geometry Of Nature Hotel Hilbert Hotel Hilbert
Hunting the Hidden Dimension Hunting the Hidden Dimension In Search Of Certainty In Search Of Certainty Isaac Newton - The Dark Heretic - (2003) Isaac Newton - The Dark Heretic - (2003)
John von Neumann John von Neumann Joy of Mathematics 01 Joy of Mathematics 01 Joy of mathematics 02 Joy of mathematics 02
Liberation Of Algebra Liberation Of Algebra Making Millions The Easy Way - (2004) Making Millions The Easy Way - (2004) Marin Mersenne - The Birth of Modern Geometry Marin Mersenne - The Birth of Modern Geometry
Mathematics Gives You Wings - Lecture Mathematics Gives You Wings - Lecture Mathematics, Philosophy, and the 'Real World' Lecture 01 - 09 Mathematics, Philosophy, and the 'Real World' Lecture 01 - 09 Non-Euclidean Geometry Non-Euclidean Geometry
Paris And The New Mathematics Paris And The New Mathematics Paul Erdős - N is a number Paul Erdős - N is a number Powers Of Ten Powers Of Ten
Ramanujan - Letters from an Indian Clerk Ramanujan - Letters from an Indian Clerk Spiral Of Silence Spiral Of Silence The Birth Of Calculus The Birth Of Calculus
The Founding Of The Royal Society The Founding Of The Royal Society The Midas Formula - (1999) The Midas Formula - (1999) The Passionate Statitician The Passionate Statitician
The Secret Life of Chaos The Secret Life of Chaos The Story of Maths The Story of Maths The Story Of One The Story Of One
The Strange Life and Death of Dr Turing The Strange Life and Death of Dr Turing To Infinity and Beyond - (2010) To Infinity and Beyond - (2010)  
Video channels
Videos in this channel
Adsense
Featured
Featured
Featured
Featured
Featured
Featured