全英文讲义《奇异期权定价》香港科大颜至宏(142页).rar The　Black　＆　Scholes　Model European　Option　Pricing　 Fischer　Black　＆　Myron　Scholes　are　2　economist,　who　in　1973　published　a　paper　which　redefined　finance　and　derivatives,　with　＂The　Pricing　of　Options　＆　Corporate　Liabilities＂　featured　in　the　Journal　of　Political　Economy　in　May　of　that　year.　The　piece　is　arguably　one　of　the　most　important　papers　within　finance　theory　to　date　and　allows　us　to　price　various　derivatives,　including　options　on　commodities,　financial　assets　and　even　pricing　of　employee　stock　options. Following　loosely　on　a　PhD　thesis　written　by　University　of　Chicago　student　James　Boness,　they　developed　an　analytical　model　which　we　now　know；　The　Black-Scholes　Option　Pricing　formula,　used　as　a　closed　form　solution　to　price　European　vanilla　options.