Black-Scholes is just a model, not a complete description of the world.

布·斯方程只是一个模型，而并非对这个世界的完整描述。

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The black-scholes model, for example, which was invented in 1973 to price options, is still used extensively.

1973年提出的Black - Scholes期权定价模型目前仍然广泛使用。

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This is a Chinese language version of an implementation of the Black-Scholes financial model for hedge fund and other pricing.

这是中国实施金融对冲基金和其他定价的布莱克·斯科尔斯模型语言版本。

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They understood and calculated volatility, perhaps not so precisely as the Black-Scholes model that later garnered a Nobel Prize in economics, but good enough to get by and not misprice quotes on the puts and calls they made markets in.

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The Chicago native earned a finance doctorate at the University of Chicago in the early 1970s, when he worked with advisors like Nobel Prize winner Merton Miller and Fischer Black and Myron Scholes, coauthors of the Black-Scholes options pricing model.

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This mathematical approach to investing led to the famed Capital Asset Pricing Model by Sharpe, Lintner, and Black, the Option Pricing Model by Black and Scholes, and other important theories.

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