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The Brownian Motion : A Rigorous but Gentle Introduction for Economists /

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...

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Bibliographic Details
Main Authors: Löffler, Andreas (Author), Kruschwitz, Lutz (Author)
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Cham : Springer International Publishing : Imprint: Springer, 2019.
Edition:1st ed. 2019.
Series:Springer Texts in Business and Economics,
Subjects:
Finance.
Economic theory.
Business enterprises-Finance.
Economics, Mathematical .
Statistics .
Finance, general.
Economic Theory/Quantitative Economics/Mathematical Methods.
Business Finance.
Quantitative Finance.
Statistics for Business, Management, Economics, Finance, Insurance.
Electronic books.
Online Access:Connect to the full text of this electronic book
Description
Summary: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. .
Physical Description:1 online resource (X, 125 pages 49 illustrations, 15 illustrations in color.)
ISBN:9783030201036
ISSN:2192-4341
DOI:10.1007/978-3-030-20103-6
Access:Open Access