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The Contribution of the Social-Economic Environment to the Creation of Bronzin’s “Theory of Premium Contracts”

In: Vinzenz Bronzin’s Option Pricing Models

Author

Listed:
  • Wolfgang Hafner

Abstract

The present chapter argues that Bronzin’s life, during the period of his most active academic work and up until its climax with the publication of his treatise “Theory of Premium Contracts” was biographically typical of his day. Both his personal and psychological development and the specific cultural, social and political biotope in which he lived complemented each other optimally. At the time, the political and socio-cultural climate of Trieste was fundamentally more liberal and open than that of Vienna. This broad-minded and enlightened climate made room for scientific considerations which did not correspond to the usual established patterns and social norms of the day.

Suggested Citation

  • Wolfgang Hafner, 2009. "The Contribution of the Social-Economic Environment to the Creation of Bronzin’s “Theory of Premium Contracts”," Springer Books, in: Wolfgang Hafner & Heinz Zimmermann (ed.), Vinzenz Bronzin’s Option Pricing Models, chapter 7, pages 293-301, Springer.
    • Handle: RePEc:spr:sprchp:978-3-540-85711-2_9
    DOI: 10.1007/978-3-540-85711-2_9
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