Phelim Boyle (born 1941), a distinguished professor and actuary, is a professor of finance in the School of Business and Economics at Wilfrid Laurier University in Canada and is a pioneer of quantitative finance. He is best known for initiating the use of Monte Carlo methods in option pricing [1]. Other well known contributions in the area of quantitative finance include the use of the Trinomial method to price options [2].
Until June 2006 he held the J Page R Wadsworth Chair at the University of Waterloo. He has published papers on actuarial science and demography. Together with his son, Feidhlim Boyle, he authored "Derivatives: the Tools that Changed Finance", a highly readable explanation of the world of derivatives.
In 1977, his seminal work on Monte Carlo option pricing was published, facilitating the 1980s explosion in the world of derivatives. He continues to contribute in the area of quantitative finance. He has been awarded the Centennial Gold Medal of the International Actuarial Association and was the recipient of the IAFE/SunGard Financial Engineer of the Year in 2005.
Born on a farm in Lavey, County Londonderry, Northern Ireland, Phelim Boyle attended Dreenan School, Garron Tower and Queen's University Belfast (B.Sc., M.Sc.). He earned his PhD in Applied Math specialising in Physics from Trinity College, Dublin.
Phelim Boyle
Publications
   | "Options: A Monte Carlo Approach" - Options: A Monte Carlo approach |
| | complete list - Boyle, Phelim - WilmottWiki |
|
|
Wikis
Map
Search