Distinguished Lecture: "On the Role of Financial Innovation and Finance Science in Global Economic Growth and Development", Professor Robert Merton
Robert C. Merton
School of Management Distinguished Professor of Finance, MIT Sloan School of Management
University Professor Emeritus, Harvard University
Robert Merton received a Ph.D. in Economics from MIT in 1970, and served as the J.C. Penney Professor of Management at the Sloan School until 1988. He received the Alfred Nobel Memorial Prize in Economic Sciences in 1997 for a new method to determine the value of derivatives. Merton is a past President of the American Finance Association, a member of the National Academy of Sciences, and a Fellow of the American Academy of Arts and Sciences. Merton’s research includes finance theory, lifecycle and retirement finance, optimal portfolio selection, capital-asset pricing, and pricing of derivative securities.