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.

Dades bibliogràfiques
Autor principal: Horvath, BN
Format: Journal article
Idioma:English
Publicat: Springer Nature 2023