Mathematics
- Fischer Black and Myron Scholes first articulate the Black–Scholes mathematical model of a financial market containing certain derivative investment instruments.
Read more about this topic: 1973 In Science
Famous quotes containing the word mathematics:
“Why does man freeze to death trying to reach the North Pole? Why does man drive himself to suffer the steam and heat of the Amazon? Why does he stagger his mind with the mathematics of the sky? Once the question mark has arisen in the human brain the answer must be found, if it takes a hundred years. A thousand years.”
—Walter Reisch (1903–1963)