ECONOMIST

Robert C. Merton

1944 - Today

Photo of Robert C. Merton

Icon of person Robert C. Merton

Robert Cox Merton (born July 31, 1944) is an American economist, Nobel Memorial Prize in Economic Sciences laureate, and professor at the MIT Sloan School of Management, known for his pioneering contributions to continuous-time finance, especially the first continuous-time option pricing model, the Black–Scholes–Merton model. In 1997 Merton together with Myron Scholes were awarded the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel for the method to determine the value of derivatives. Merton was on the board of directors of Long-Term Capital Management (LTCM), a highly leveraged hedge fund that collapsed in 1998, wiping out most of the value paid in by the investors, and requiring a $3.6 billion bailout from a group of 14 banks, in a deal brokered and put together by the Federal Reserve Bank of New York. Merton's current research focus is on the topics of lifecycle investing and retirement funding, measuring and monitoring systemic risks in macrofinance, and financial innovation coupled with changing dynamics in financial institutions. Read more on Wikipedia

His biography is available in different languages on Wikipedia. Robert C. Merton is the 163rd most popular economist (down from 134th in 2019), the 2,456th most popular biography from United States (down from 1,817th in 2019) and the 57th most popular American Economist. Learn more about Robert C. Merton's academic impact at Rankless.

Memorability Metrics

Loading...

Page views of Robert C. Merton by language

Loading...

Among ECONOMISTS

Among economists, Robert C. Merton ranks 163 out of 414. Before him are Eric Maskin, Vernon L. Smith, Daniel McFadden, Richard Cantillon, Greg Mankiw, and Hans-Hermann Hoppe. After him are Gustav von Schmoller, Ernest Mandel, William Beveridge, Nassim Nicholas Taleb, Ernst Engel, and Raymond Barre.

Most Popular Economists in Wikipedia

Go to all Rankings
Load previousLoad previous

Contemporaries

Among people born in 1944, Robert C. Merton ranks 175. Before him are Mick Jones, Nicholas, Crown Prince of Montenegro, Odd Nerdrum, Herbert Wimmer, Jon Kabat-Zinn, and Adriano Galliani. After him are Mauro Piacenza, Leif Segerstam, Karen Armstrong, Pattie Boyd, Albert Hammond, and Kiri Te Kanawa.

Others Born in 1944

Go to all Rankings
Load previousLoad previous

In United States

Among people born in United States, Robert C. Merton ranks 2,456 out of 20,380. Before him are John Cusack (1966), Thomas Eakins (1844), Vera Wang (1949), Jeff Kinney (1971), Marg Helgenberger (1958), and Stephen Smale (1930). After him are Dean Koontz (1945), Richard Sennett (1943), Roger Y. Tsien (1952), James Oliver Curwood (1878), George Roy Hill (1921), and Bonnie Bedelia (1948).

Others born in United States

Go to all Rankings
Load previousLoad previous

Among ECONOMISTS In United States

Among economists born in United States, Robert C. Merton ranks 57. Before him are Christopher A. Sims (1942), Roger Myerson (1951), Eric Maskin (1950), Vernon L. Smith (1927), Daniel McFadden (1937), and Greg Mankiw (1958). After him are Robert B. Wilson (1937), Henry George (1839), Jim Rogers (1942), Peter Navarro (1949), Daniel Ellsberg (1931), and Benjamin Tucker (1854).

American born Economists

Go to all Rankings
Load previousLoad previous