Louis Bachelier's Theory of Speculation
The Origins of Modern Finance
French doctoral student, Louis Bachelier, successfully defended his thesis Théorie de la Spéculation at the Sorbonne. This book provides a new translation of Bachelier's seminal work.Bachelier's thesis is a remarkable document on two counts. In mathematical terms Bachelier's achievement was to introduce many of the concepts of what is now known as stochastic analysis. His purpose, however, was to give a theory for the valuation of financial options. He came up with a formula that is both correct on its own terms and surprisingly close to the Nobel Prize-winning solution to the option pricing problem by Fischer Black, Myron Scholes, and Robert…
Mehr
CHF 24.90
Preise inkl. MwSt. und Versandkosten (Portofrei ab CHF 40.00)
V103:
Folgt in ca. 5 Arbeitstagen
Produktdetails
- ISBN: 978-5-69451-125-4
- EAN: 9785694511254
- Produktnummer: 34267076
- Verlag: Parker Pub. Co
- Sprache: Englisch
- Erscheinungsjahr: 2020
- Seitenangabe: 52 S.
- Masse: H29.7 cm x B21.0 cm x D0.3 cm 164 g
- Abbildungen: Paperback
- Gewicht: 164
1 weiteres Werk von Louis Bachelier:
Bewertungen
Anmelden