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gptkbp:instanceOf
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gptkb:mathematical_concept
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gptkbp:appliesTo
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gptkb:European_options
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gptkbp:assumes
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constant risk-free interest rate
constant volatility
frictionless markets
lognormal distribution of stock prices
no arbitrage
no dividends
|
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gptkbp:awarded
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gptkb:Nobel_Prize_in_Economic_Sciences_(to_Scholes_and_Merton,_1997)
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gptkbp:basisFor
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modern option pricing theory
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gptkbp:coauthor
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gptkb:Robert_C._Merton
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gptkbp:field
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quantitative finance
financial mathematics
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https://www.w3.org/2000/01/rdf-schema#label
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Black–Scholes formula
|
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gptkbp:influenced
|
derivatives markets
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gptkbp:input
|
volatility
risk-free interest rate
stock price
strike price
time to expiration
|
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gptkbp:namedAfter
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gptkb:Myron_Scholes
gptkb:Fischer_Black
|
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gptkbp:output
|
theoretical price of a call option
theoretical price of a put option
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gptkbp:publishedIn
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1973
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gptkbp:relatedTo
|
gptkb:Greeks_(finance)
gptkb:Black–Scholes_model
Implied volatility
|
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gptkbp:solvedBy
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gptkb:Black–Scholes_partial_differential_equation
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gptkbp:usedFor
|
option pricing
|
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gptkbp:bfsParent
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gptkb:Black–Scholes–Merton_model
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gptkbp:bfsLayer
|
6
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