4 Quotes & Sayings By Robert C Merton

Robert C. Merton was an American behavioral scientist, economist and sociologist of the twentieth century. He was one of the founders of modern rational-choice theory and is particularly known for his contributions to the study of contingent self-control (i.e., self-control exercised in response to a perceived constraint on action), the prisoner's dilemma, the Matthew effect, and social networks.

1
One week before my 17th birthday, I had a blind date with June Rose, a television actress on network soap operas, a model, and a regular on the popular Dick Clark's Saturday night 'American Bandstand' show from New York. We were married five years later, one week after my graduation from Columbia. Robert C. Merton
2
And at a relatively early age, ten or so, I invested my first share of stock. And I used to follow, look at companies and so forth. But throughout the whole period, and indeed right through my college years, while I was involved in the stock market, always interested in finance, I never thought of it as a full-time job. Robert C. Merton
3
The special sphere of finance within economics is the study of allocation and deployment of economic resources, both spatially and across time, in an uncertain environment. To capture the influence and interaction of time and uncertainty effectively requires sophisticated mathematical and computational tools. Robert C. Merton