Word: mertonism
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...private investment firm of Nobel laureate Robert C. Merton, Baker professor of business, last week lost more than $100 billion that were invested in various worldwide financial markets, the Associated Press reported...
...Robert C. Merton, Baker professor of business administration at Harvard Business School, is awarded the Nobel Prize in Economics for a formula that allows accurate calculation of certain financial risks...
...come from an academic family, so it's anespecially meaningful thing to me," Merton said.His father is a University professor at ColumbiaUniversity, where he has been on the faculty for50 years...
...Merton, who is currently Baker Professor ofAdministration at HBS, said he thinks he waschosen in part because his work helps bridge thegaps between a number of disciplines and schools...
...Merton said his own work connects fields likeapplied mathematics, economics and social policy...