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Louis Bachelier's theory of speculation: the origins of modern finance
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Dewey Class
332.645015118
Title
Louis Bachelier's theory of speculation : the origins of modern finance (M) / Louis Bachelier, Translated and with commentary by Mark Davis and Alison Etheridge; [foreword by Paul A. Samuelson]
Author
Bachelier, Louis , 1870-1946
Added Personal Name
Davis, Mark Herbert Ainsworth
Etheridge, Alison
Samuelson, Paul Anthony , 1915-2009
Publication
Princeton, N.J. : Princeton University Press , 2006
Physical Details
xv, 188 pages ; 24 cm.
ISBN
0691117527
Note
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 remarkable document on two counts. In mathematical terms Bachelier's achievement was to introduce many of the concep
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Subject References:
Finance
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Financial Economics
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Stochastic Analysis
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Authors:
Bachelier, Louis 1870-1946
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Davis, Mark Herbert Ainsworth
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Etheridge, Alison
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Samuelson, Paul Anthony 1915-2009
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332.645015118
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332.645015118 (DDC 22)
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00000000314542
51-77 BAC
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