Nobel laureate on ‘Costs of Constraints’

Rachel Lincoln // Special to Western News

Nobel Prize-winning economist Myron Scholes delivered the 6th annual Western Law Business and Law Lecture, part of Western Law’s Torys LLP Corporate and Securities Law Forum, last week. Originally from Timmins, raised in Hamilton, Scholes was awarded the Nobel Prize in Economic Sciences in 1997 for a method to determine the value of derivatives. At Western Law, he spoke on The Costs of Constraints: Risk Management, Agency Theory and Asset Prices. Revisit the lecture at