Neil Merton Judd 1887–1976

Quant Corner Robert Merton Merton model for valuing corporate debt

‚robert merton, who’s best known for his academic work in developing option-pricing models, published his first scholarly paper on a topic far removed from finance: Gulliver’s Travels. While an undergraduate at Columbia University in New York, he wrote a piece for a literature class that analyzed the physical impossibility of a flying island as described in Jonathan Swift’s classic work. Merton...

Neil Turnbull

This paper examines the way in which ‘authority’ and ‘authoritarianism’ have been confl ated in contemporary philosophical thought. More specifi cally, it will show how the psycho-social critique of political authority developed by the Frankfurt School in the 1930s established a paradigm for the critique of political authority as ‘authoritarian irrationalism’. The paper goes on to explore the l...

Vulnerability W . Neil Adger

This paper reviews research traditions of vulnerability to environmental change and the challenges for present vulnerability research in integrating with the domains of resilience and adaptation. Vulnerability is the state of susceptibility to harm from exposure to stresses associated with environmental and social change and from the absence of capacity to adapt. Antecedent traditions include t...

7 Alkaloids NEIL

Neil Smith’s Scale

In this essay, part of a special issue acknowledging the scholarship of Neil Smith, we trace his contributions to conceptualizing scale. From his important foundational text, Uneven Development, to his later works that fashioned a more malleable, constructivist, and socio-cultural approach, Neil Smith made lifelong contributions to our understanding of the processes of scale production—contribu...