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Thursday, October 8, 2026

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Myron S. Scholes

Nobel Prize laureate in Economic Sciences 1997
Myron S. Scholes — Nobel Prize
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Economic Sciences 1997
Born : 1941-07-01 — Timmins, ON, Canada
“for a new method to determine the value of derivatives”
Economic Sciences · 1997
Myron S. Scholes, born on July 1, 1941, in Timmins, Ontario, Canada, is a renowned Canadian economist. He is best known for his contributions to finance, particularly for developing a method for valuing derivatives. In 1997, he was awarded the Nobel Prize in Economic Sciences for his innovative method to determine the value of derivatives. Scholes has also served as a professor and has influenced many areas of modern finance.

Frequently asked

Who is Myron S. Scholes?
Myron S. Scholes, born on July 1, 1941, in Timmins, Ontario, Canada, is a renowned Canadian economist. He is best known for his contributions to finance, particularly for developing a method for valuing derivatives. In 1997, he was awarded the Nobel Prize in Economic Sciences for his innovative method to determine the value of derivatives. Scholes has also served as a professor and has influenced many areas of modern finance.
In what year did Myron S. Scholes win the Nobel Prize?
1997 — Economic Sciences
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