Harvard Business Review
JUNE 9, 2011
Robert Merton was 46 when he won the award. He and two other economists created the trading process called Black-Scholes that impacted the ways financial markets were informed and influenced. Merton had the office on the other side of my office. You see the problem.
Harvard Business Review
SEPTEMBER 29, 2014
They might be surprised at how certain economic notions have been directly applied in business, with largely positive results. Ask them if they apply much else from else from economics in their actual business careers, and you’re likely to hear “not much.”. Here a few notable examples.
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