The Brownian Motion
Subtitle: A Rigorous but Gentle Introduction for Economists
Contributors: Kruschwitz, Lutz
Publisher: Springer Nature
Published: 2019
Place of publication: Cham
Number of pages: 125
ISBN-13: 9783030201036
Subjects: Probability & statistics; Economic theory & philosophy; Finance & accounting; Finance; Corporate finance
Description: 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.
Notes: Open Access Unrestricted online access

Creative Commons https://creativecommons.org/licenses/by/4.0

English