The Brownian Motion A Rigorous but Gentle Introduction for Economists

• Hoofdauteur: Löffler, Andreas (auth)
• Andere auteurs: Kruschwitz, Lutz (auth)
• Formaat: Elektronisch Hoofdstuk
• Taal: Engels
• Gepubliceerd in: Cham Springer Nature 2019
• Reeks: Springer Texts in Business and Economics
• Onderwerpen: Economic theory & philosophy; Finance & accounting; Finance; Corporate finance; Probability & statistics; Economic theory; Business enterprises-Finance; Economics, Mathematical; Statistics
• Online toegang: OAPEN Library: download the publication; OAPEN Library: description of the publication

Samenvatting

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.

Fysieke beschrijving

1 electronic resource (125 p.)

ISBN

978-3-030-20103-6

Toegang

Open Access