Robert C. Merton and the Science of Finance: A Collection Robert C. Merton and the Science of Finance: A Collection

Robert C. Merton and the Science of Finance: A Collection

Luis Garcia-Feijoo and Others

Publisher Description

In 2019, MIT hosted a 75th birthday symposium in honor of Robert C. Merton. The event included presentations by students and colleagues explaining the influence Merton has had on the profession and on their ideas. Each presenter focused on a specific aspect of Merton’s life and contributions so that the audience could gain a full picture of Merton’s influence while avoiding repetition across presentations. The brief contains edited transcripts of some of the speeches and panel discussions that took place at the symposium. The presentations cover Merton’s career, highlighting both his foundational work on continuous time finance and the functional approach to understanding organizations as well as recent work on retirement security and trust. Some of the presentations unveil new aspects of his life. Merton’s father, Robert K. Merton, was one of the most important sociologists of the 20th century, being the originator of concepts such as role model, unanticipated consequences, and self-fulfilling prophecies. Another of the presentations makes a convincing case for Merton as the first financial engineer; the presenter argues that a body of knowledge becomes a science when a field of engineering emerges from it. If that is the case, this brief achieves two goals. It celebrates the influence of Merton on the theory and practice of finance through a series of engaging presentations, and it traces the birth of finance as a science on its own.

GENRE
Business & Personal Finance
RELEASED
2020
June 18
LANGUAGE
EN
English
LENGTH
98
Pages
PUBLISHER
CFA Institute Research Foundation
SELLER
RESEARCH FOUNDATION OF CFA INSTITUTE
SIZE
6
MB

More Books Like This

Investment Luminaries and Their Insights: 25 Years of the Research Foundation Vertin Award Investment Luminaries and Their Insights: 25 Years of the Research Foundation Vertin Award
2021
Capital Ideas Capital Ideas
2012
The Money Formula The Money Formula
2017
In Pursuit of the Perfect Portfolio In Pursuit of the Perfect Portfolio
2021
Uncommon Sense Uncommon Sense
2015
Investment Management: A Science to Teach or an Art to Learn? Investment Management: A Science to Teach or an Art to Learn?
2014

More Books by Luis Garcia-Feijoo, Laurence B. Siegel & Timothy R. Kohn

Customers Also Bought

University Endowments: A Primer University Endowments: A Primer
2019
Tontines: A Practitioner’s Guide to Mortality-Pooled Investments Tontines: A Practitioner’s Guide to Mortality-Pooled Investments
2019
Performance Attribution: History and Progress Performance Attribution: History and Progress
2019
Is There a Retirement Crisis? An Exploration of the Current Debate Is There a Retirement Crisis? An Exploration of the Current Debate
2020
Risk Tolerance and Circumstances Risk Tolerance and Circumstances
2018
New Vistas in Risk Profiling New Vistas in Risk Profiling
2017