(DOWNLOAD) "Perry Mehrling. Fischer Black and the Revolutionary Idea of Finance (Book Review)" by History of Economics Review # Book PDF Kindle ePub Free

eBook details

Title: Perry Mehrling. Fischer Black and the Revolutionary Idea of Finance (Book Review)
Author : History of Economics Review
Release Date : January 01, 2007
Genre: Economics,Books,Business & Personal Finance,
Pages : * pages
Size : 250 KB

Description

Perry Mehrling. Fischer Black and the Revolutionary Idea of Finance. Hoboken, N.J.: John Wiley and Sons. 2005. Pp 374. ISBN 978-0-45732-9. US$29.95. There is a strong case for the view that everything of interest about the Nobel Laureates in Economics of the last two decades has already been proclaimed in the official biographies that accompany their awards. Perhaps for this reason Perry Mehrling chose as the subject of his most recent book not Robert Merton and Myron Scholes, who were awarded the Nobel Prize in Economics in 1997, but their co-author Fischer Black, who could not share in their award because he had died in 1995, and because the Prize is never awarded posthumously. Had he been alive, and shared in the Prize, there is no doubt that a Nobel biography highlighting the 'scientific discovery' of the Black-Scholes option pricing formula would have captured all that was exciting about Fischer Black. It is to Perry Mehrling's credit that he has written a book demonstrating how much more can be said about someone whose life and career was as predictable as his acclaimed contribution to economics was uncontroversial.