The Brownian Motion [electronic resource] : A Rigorous but Gentle Introduction for Economists

• Tác giả: Lutz Kruschwitz, Andreas Löffler
• Ngôn ngữ: ger
• ISBN-13: 978-3030201036
• Ký hiệu phân loại: 332 Financial economics
• Thông tin xuất bản: Cham : Springer International Publishing : Imprint: Springer, 2019
• Mô tả vật lý: X, 125 p. 49 illus., 15 illus. in color. , online resource.
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 168768
• Chủ đề: 1. Business enterprises-Finance; 2. Economic theory; 3. Economics, Mathematical ; 4. Finance; 5. Statistics ; 6. Finance, general; 7. Business Finance; 8. Economic Theory/Quantitative Economics/Mathematical Methods; 9. Quantitative Finance; 10. Statistics for Business, Management, Economics, Finance, Insurance

Tóm tắt

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. .