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The Pricing of Options and Corporate Liabilities
Author(s): Fischer Black and Myron Scholes
Source: The Journal of Political Economy, Vol. 81, No. 3 (May - Jun., 1973), pp. 637-654
Published by: The University of Chicago Press
Stable URL: http://www.jstor.org/stable/1831029
Accessed: 27/09/2008 03:40
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	Issue Table of Contents
	The Journal of Political Economy, Vol. 81, No. 3 (May - Jun., 1973), pp. 513-811
	Front Matter
	In Memoriam: Frank Knight (1885-1972)
	In Memoriam: Frank Knight (1885-1972)
	Frank Knight, Philosopher at Large [pp.513-515]
	Frank Knight as Colleague [pp.516-517]
	Frank Knight as Teacher [pp.518-520]
	Participation in Illegitimate Activities: A Theoretical and Empirical Investigation [pp.521-565]
	An Econometric Model of the Flight to the Suburbs [pp.566-589]
	Racial Discrimination, Segregation, and the Price of Housing [pp.590-606]
	Risk, Return, and Equilibrium: Empirical Tests [pp.607-636]
	The Pricing of Options and Corporate Liabilities [pp.637-654]
	Quasi-Engel Curves, Diffusion, and the Ownership of Major Consumer Durables [pp.655-677]
	Tropical Trade and Development in the Nineteenth Century: The Brazilian Experience [pp.678-696]
	Communications
	Labor-Force Participation Rates and the Supply of Labor [pp.697-704]
	CES and VES Production Functions in a Cross-Section Context [pp.705-720]
	Profit Performance in the Defense Industry [pp.721-728]
	The Effectiveness of Using the Tax System to Curb Inflationary Collective Bargains: An Analysis of the Wallich-Weintraub Plan [pp.729-740]
	Elasticities and the Interest Parity Theory [pp.741-747]
	Risk, Return, and Portfolio Analysis: Comment [pp.748-752]
	Risk, Return, and Portfolio Analysis: Reply [pp.753-755]
	Competition and Efficiency: Comment [pp.756-764]
	Competition and X-Efficiency: Reply [pp.765-777]
	The Optimal Provision of Public Goods: Yet Another Comment [pp.778-785]
	Highway User Fees and Vehicle Transport Modes: An Old Rule Defended [pp.786-795]
	Puzzles and Problems
	[Questions and Answers] [pp.796-801]
	Book Reviews
	untitled [pp.802-803]
	untitled [pp.803-804]
	untitled [pp.805-806]
	untitled [pp.806-807]
	untitled [pp.807-809]
	Errata
	Toward a General Theory of Awards, or, Do Economists Need a Hall of Fame? [p.810]
	Peak-Load Pricing under Regulatory Constraint [pp.810-811]
	The Impossibility of a Paretian Liberal: Reply [p.811]
	Back Matter