The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1997
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1997 was awarded jointly to Robert C. Merton and Myron S. Scholes "for a new method to determine the value of derivatives"
2024 Nobel Prize announcements
This year’s Nobel Prize announcements will take place 7–14 October. All announcements will be streamed live here on nobelprize.org.
See the full schedule
See the full schedule
Explore prizes and laureates
Look for popular awards and laureates in different fields, and discover the history of the Nobel Prize.