January 11 - Fischer Black, American economist (d. 1995)

Fischer Black, a partner at Goldman, Sachs & Company, said he was not sure whether volatility alone was bad.

A. Yes, actually it was Fischer Black and me.

It was described by Fischer Black in 1975.

One of the difficulties in understanding the dynamics of financial markets has been the presence of "noise" (Fischer Black).

The model was introduced by Fischer Black and Piotr Karasinski in 1991.

It was first presented in a paper written by Fischer Black in 1976.

Fischer Black and the Revolutionary Idea of Finance.

Economic noise, or simply noise, describes a theory of pricing developed by Fischer Black.

Fischer Black, who co-authored with them the work that was awarded, had died in 1995 and thus was not eligible for the prize.