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.

Бібліографічні деталі
Автор: Horvath, BN
Формат: Journal article
Мова:English
Опубліковано: Springer Nature 2023