The Legacy of Fischer Black



The Legacy of Fischer Black
This excerpt from a biography of Fischer Black describes his career as a financial economist and his contributions to the field. The excerpt also mentions that the goal of financial economics is to advance economic science and that Fischer's career demonstrated this goal. more details
Key Features:
  • Fischer's career as a financial economist demonstrated the goal of financial economics, which is to advance economic science.
  • His work in financial economics focused on understanding how financial markets work and how they can be used to improve economic outcomes.


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Features
Author Bruce Neal Lehmann
Format Hardcover
ISBN 9780195168365
Publication Date 17/05/2009
Publisher Oxford University Press
Manufacturer Oxford University Press
Description
This excerpt from a biography of Fischer Black describes his career as a financial economist and his contributions to the field. The excerpt also mentions that the goal of financial economics is to advance economic science and that Fischer's career demonstrated this goal.

Fischer Black was a remarkable social scientist, one whose contributions range from the lofty perch of highbrow theory to the trenches of practical application. The papers represented in this work span the same range, the contributions of a remarkable array of financial economists who embody in different ways Fischer's ideal of insight from economic theory that both guides and is rooted in the kind of detailed observation of relevant aspects of actual financial markets. It is hoped that readers find this volume to be both a fitting tribute and a stimulus to further research. After all, the advancement of economic science remained a constant goal throughout Fischer's remarkable career in the many and disparate venues in which he plies his trade.

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