Louis Bachelier’s Theory of Speculation: The Origins of Modern Finance
March 29, 1900, is considered by many to be the day mathematical finance was born. On that day a French doctoral student, Louis Bachelier, successfully defended his thesis Théorie de la Spéculation at the Sorbonne. The jury, while noting that the topic was “far away from those usually considered by our candidates,” appreciated its high degree of originality. This book provides a new translation, with commentary and background, of Bachelier’s seminal work.
Bachelier’s thesis is a…
ISBN 10 : 1400829305
ISBN 13 : 9781400829309
March 29, 1900, is considered by many to be the day mathematical finance was born. On that day a French doctoral student, Louis Bachelier, successfully defended his thesis Théorie..
ISBN 10 : 1139445405
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The degree to which markets incorporate information is one of the most important questions facing economists today. This book provides a fascinating study of the existence and exte..
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This title was first published in 2002: Offering a new and challenging perspective on how the European Union (EU) sought to structure its relations with Central and Southeast Europ..