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| | Robert Merton To Speak at SIAM's Toronto Meeting |
 | | A key part of the landmark 1973 paper presenting the BlackScholes formula for pricing options, according to the late Fisher Black, was Robert C. Merton's arbitrage argument for deriving the formula. |
 | | Merton's talk is one of many sessions on financial mathematics scheduled for the meeting, beginning with a short course, "The Mathematics of Financial Risk Management," to be presented by Luis A. Seco of the University of Toronto, on Sunday, July 12, and continuing with two invited talks and several minisymposia. |
 | | Merton, who shared the 1997 Nobel Prize in Economics with Myron Scholes, will give the I.E. Block Community Lecture in Toronto on Tuesday, July 14, at the 1998 SIAM Annual Meeting. |
| www.siam.org /siamnews/05-98/toronto.htm (429 words) |
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