A reasonably good account of the impact of the Black Scholes equation. Despite the rather dramatic title of the article, the equation did not cause the market crash.
For my MBA 523 students - you need to read this. We're talking about the derivation of the Black Scholes model this week!
A Finance Professor's blog. I am a Professor of Finance in the Poole College of Management at NC State University. My website: https://sites.google.com/ncsu.edu/warr Opinions are my own.
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