Contingent claims valuation when the security price is a combination of an Ito process and a random point process

An introduction to probability theory and its applications

Journal of the Franklin Institute · 1958 · 29.7K citations

Discrete Probability, Probability Theory, Probabilistic Analysis +1

The Pricing of Options and Corporate Liabilities

Fischer Black, Myron S. Scholes · Journal of Political Economy · 1973 · 29.1K citations

Option Pricing, Liability (Financial Accounting), Asset Pricing +11

The Cost of Capital, Corporation Finance and the Theory of Investment

Merton H. Miller · American Economic Review · 1958 · 15K citations

General Equilibrium Model, Cost Of Capital, Financial Mathematics +16

ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*

Robert C. Merton · The Journal of Finance · 1974 · 11K citations · Full text

Term Structure Model, Financial Risk Management, Interest Rate Risk +17

Option pricing when underlying stock returns are discontinuous

Robert C. Merton · Journal of Financial Economics · 1976 · 6K citations · Full text

Option Pricing, Asset Pricing, Derivative Pricing +3