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Louis Bachelier´s Theory of Speculation: The Origins of Modern Finance
Louis Bachelier
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Description for Louis Bachelier´s Theory of Speculation: The Origins of Modern Finance
Hardback. 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 Theorie de la Speculation at the Sorbonne. This book provides a translation of Bachelier's seminal work. Num Pages: 208 pages, 17 line illus. BIC Classification: 1DDF; 3JH; 3JJ; BGB; KFFM. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 242 x 166 x 20. Weight in Grams: 462.
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 Theorie de la Speculation 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 remarkable document on two counts. In mathematical terms Bachelier's achievement was to introduce many of the concepts of what is now known ... Read more
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 Theorie de la Speculation 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 remarkable document on two counts. In mathematical terms Bachelier's achievement was to introduce many of the concepts of what is now known ... Read more
Product Details
Publisher
Princeton University Press United States
Number of pages
208
Format
Hardback
Publication date
2006
Condition
New
Weight
462g
Number of Pages
208
Place of Publication
New Jersey, United States
ISBN
9780691117522
SKU
V9780691117522
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Louis Bachelier
Mark Davis, Professor of Mathematics at Imperial College London, has written three books on stochastic modeling and control, most recently Markov Models and Optimization . Alison Etheridge, Professor of Probability at the University of Oxford, is the author of A Course in Financial Calculus and Introduction to Superprocesses .
Reviews for Louis Bachelier´s Theory of Speculation: The Origins of Modern Finance
Louis Bachelier's thesis is a seminal work, and to have it readily accessible will be a most valuable contribution to the field. This book represents a timely look back at the scientific origins of the enormously important modern-day finance industry. -Chris Rogers, University of Cambridge, coauthor of Diffusions, Markov Processes and Martingales, Volumes 1 and 2 This gem of ... Read more