The Brownian Motion

A Rigorous but Gentle Introduction for Economists

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https://library.oapen.org/bitstream/20.500.12657/23075/1/1007083.pdf
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https://library.oapen.org/bitstream/20.500.12657/23075/1/1007083.pdf
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https://library.oapen.org/bitstream/20.500.12657/23075/1/1007083.pdf
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https://library.oapen.org/bitstream/20.500.12657/23075/1/1007083.pdf
Author(s)
Löffler, Andreas
Kruschwitz, Lutz
Language
English
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Abstract
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.
URI
https://directory.doabooks.org/handle/20.500.12854/29952
Keywords
Finance; Finance; Economic theory; Business enterprises—Finance; Economics, Mathematical; Statistics; Textbook; thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy; thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting; thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry; thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry::KFFH Corporate finance; thema EDItEUR::P Mathematics and Science::PB Mathematics::PBT Probability and statistics
DOI
10.1007/978-3-030-20103-6
Publisher
Springer Nature
Publisher website
http://www.springernature.com/oabooks
Publication date and place
Cham, 2019
Series
Springer Texts in Business and Economics,
Classification
Economic theory and philosophy
Finance and accounting
Finance and the finance industry
Corporate finance
Probability and statistics
Pages
125
Rights
https://creativecommons.org/licenses/by/4.0
open access
Except where otherwise noted, this item's license is described as open access