The Brownian Motion A Rigorous but Gentle Introduction for Economists /

• Main Authors: Löffler, Andreas (Author), Kruschwitz, Lutz (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2019.
• Edition: 1st ed. 2019.
• Series: Springer Texts in Business and Economics,
• Subjects: Finance.; Econometrics.; Business enterprises > Finance.; Social sciences > Mathematics.; Statistics .; Financial Economics.; Quantitative Economics.; Corporate Finance.; Mathematics in Business, Economics and Finance.; Statistics in Business, Management, Economics, Finance, Insurance.
• Online Access: Link to Metadata

Summary

This open access textbook is the first to provide Business and Economics Ph.D. students with a precise and intuitive introduction to the formal backgrounds of modern financial theory. It explains Brownian motion, random processes, measures, and Lebesgue integrals intuitively, but without sacrificing the necessary mathematical formalism, making them accessible for readers with little or no previous knowledge of the field. It also includes mathematical definitions and the hidden stories behind the terms discussing why the theories are presented in specific ways. .

Physical Description

X, 125 p. 49 illus., 15 illus. in color. online resource.

ISBN

9783030201036

ISSN

2192-4341

DOI

10.1007/978-3-030-20103-6

Access

Open Access