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Calcul des Probabilites. by Bachelier, Louis - 1912

by Bachelier, Louis

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Calcul des Probabilites. by Bachelier, Louis - 1912

Calcul des Probabilites.

by Bachelier, Louis

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Paris: Gauthier-Villars, 1912. Louis Bachelier was a French mathematician credited with being the first person to model the stochastic process now called Brownian motion, which was part of his PhD thesis The Theory of Speculation. His thesis, which discussed the use of Brownian motion to evaluate stock options, is historically the first paper to use advanced mathematics in the study of finance. Thus, Bachelier is considered a pioneer in the study of financial mathematics and stochastic processes. His systematic use of the concept of continuity in probabilistic modeling was, he felt, his major contribution to science. He defined Brownian motion predating Einstein by five years and discussed the use of Brownian motion to evaluate stock options. Historically, he was the first person to use advanced mathematics in the study of finance and is considered a pioneer in the study of financial mathematics.
  • Bookseller Raptis Rare Books US (US)
  • Book Condition Used
  • Publisher Gauthier-Villars
  • Place of Publication Paris
  • Date Published 1912
  • Keywords la Chance et le Hasard, Le Jeu, Louis Bachelier first edition, mathematics

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Calcul des probabilités: 01

by Louis Jean Baptiste Alphonse Bachelier

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Paperback
ISBN 13
9781016612104
ISBN 10
1016612109
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10
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Calcul des probabilités: 01

by Louis Jean Baptiste Alphonse Bachelier

  • New
  • Hardcover
Condition
New
Binding
Hardcover
ISBN 13
9781016607629
ISBN 10
1016607628
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10
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Southport, Merseyside, United Kingdom
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This seller has earned a 5 of 5 Stars rating from Biblio customers.
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Hardback. New.
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