KnowraBlack–Scholes modelLinked fromLinked fromThe 11 pages that link to Black–Scholes model, each with the reason it gives.All 11Broader topic 6Related 2Narrower topic 1Compared with 2Wiener processRelated: Its standard derivation models asset-price fluctuations using a Wiener process.Power lawCompared with: Its lognormal price distribution has a characteristic scale, unlike a true power-law tail.MartingaleBroader topic: Its discounted stock price is a martingale under the risk-neutral measure.Black–Scholes equationNarrower topic: The equation is the model’s differential pricing form.Risk-neutral measureBroader topic: Its option prices can be derived as discounted expectations under a risk-neutral measure.Financial economicsBroader topic: It demonstrates how hedging and no-arbitrage can yield a derivative price.Paul LévyCompared with: Its continuous Gaussian price changes contrast with jump models built from Lévy processes.Fischer BlackBroader topic: This is the best-known model arising from Black’s collaboration with Scholes.Myron ScholesRelated: Scholes is best known for co-developing this option-pricing model.Girsanov theoremBroader topic: A measure change converts the stock's physical drift to its risk-neutral drift for pricing.Fundamental theorem of asset pricingBroader topic: Its no-arbitrage structure yields a unique equivalent martingale measure and option prices.