Golden jubilee for an iconic financial formula
Fifty years ago, an equation called the Black–Scholes formula revolutionized finance, leading to a rapid growth of markets and stimulating quantitatively oriented minds. But, with time, its simplicity became a liability — and yet its legacy persists.
| المؤلف الرئيسي: | |
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| التنسيق: | Journal article |
| اللغة: | English |
| منشور في: |
Springer Nature
2023
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