Title:
The Brownian motion
Subtitle:
A rigorous but gentle introduction for economists
Author(s):
Löffler, Andreas; Kruschwitz, Lutz
Year of publication:
2019
Available Date:
2019-08-27T13:11:35Z
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.
Part of Identifier:
e-ISSN (online): 2192-4333
Keywords:
Brownian motion
Lebesgue integral
random variables
measurement theory
set theory
financial theory
stochastics
expectation
DDC-Classification:
332 Finanzwirtschaft
510 Mathematik
URL of the Original Publication:
DOI of the Original Publication:
Publisher:
Springer Nature
Department/institution:
Wirtschaftswissenschaft
Betriebswirtschaftslehre / Department Finance, Accounting and Taxation (FACTS)
Series/Multivolume:
Springer Texts in Business and Economics
