Robert C. Merton and the Science of Finance

Zvi Bodie, Professor Emeritus, Boston University pays tribute to Prof Merton’s work:

In my view, no individual has contributed more to the beneficial relationship between finance theory and practice than Robert C. Merton. Today, he still teaches at MIT and often lectures around the world. Not only has “The Mertonian Revolution in Finance” helped shape modern finance, it has also provided
us with insights, theories, and models for our collective future. The title of one of Merton’s recent lectures to an audience in China describes his central theme: “Solving Global Challenges Using Finance Science.”To that I say, amen! 

My earlier piece on Prof Merton’s new project on designing financial solutions for retirement..

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.


%d bloggers like this: