Remove Black-Scholes Remove Career Remove Merton Remove Skills
article thumbnail

The Comparing Trap

Harvard Business Review

Compared with my colleague, I had accomplished so little over such a long career; my two measly books were more like an embarrassment, given his output. Robert Merton was 46 when he won the award. Merton had the office on the other side of my office. Bob Merton was as gracious and supportive as the colleague I mentioned earlier.

Merton 15
article thumbnail

What an Economist Brings to a Business Strategy

Harvard Business Review

Ask them if they apply much else from else from economics in their actual business careers, and you’re likely to hear “not much.”. They might be surprised at how certain economic notions have been directly applied in business, with largely positive results. Here a few notable examples. Economists and finance.