The legacy of Fischer Black / edited by Bruce N. Lehmann.

"Between September 29 and October 1, 1996, the Berkeley Program in Finance held a conference called 'On Finance: A Conference in Honor of Fisher Black' at the Breakers in Santa Barbara, California. ... Eight of eleven talks given at the conference are chapters in this volume ..."--Pref.

Includes bibliographical references and index.

Fischer Black on valuation : the CAPM in general equilibrium / Bruce N. Lehmann -- Fischer Black's contributions to corporate finance / Stewart C. Myers -- Crisis and risk management / Myron S. Scholes -- Hot spots and hedges / Robert Litterman -- Markets for agents : fund management / Stephen A. Ross -- Recovering probabilities and risk aversion from options prices and realized returns / Mark Rubinstein, Jens Jackwerth -- Cross-sectional determinants of expected returns / Michael Brennan, Tarun Chordia, Avanidhar Subrahmanyam -- On cross-sectional determinants of expected returns / Bruce N. Lehmann -- Exploring a two-factor, Markovian, lognormal model of the term structure of interest rates / Scott F. Richard -- Convexity and empirical option costs of mortgage securities / Douglas T. Breeden -- The supply and demand of immediacy : evidence from the NYSE / Roger D. Huang, Hans R. Stoll -- Black, Merton, and Scholes - their central contributions to economics / Darrell Duffie