Myron S. Scholes, world-renowned financial economist and co-recipient of the 1997 Nobel Prize in Economic Science, will speak on “Financial Innovation in a Chaotic Environment” at 11:30 a.m. April 8 in the Bryan Cave Moot Courtroom, Anheuser-Busch Hall.
Scholes, the Frank E. Buck Professor of Finance Emeritus at Stanford University, authored the “Black-Scholes Options Pricing Model,” which some describe as the economics equivalent of Einstein’s Theory of Relativity. Scholes won the Nobel for work on a new method of determining the value of derivatives.
Free and open to the public, the talk is sponsored by the Undergraduate Economics Association and the Department of Economics in Arts & Sciences. For information, call (314) 935-8902 or visit http://economics.wustl.edu/~uea.