Skip to content

Louis Bachelier's Theory of Speculation The Origins of Modern Finance

Spend $50 to get a free DVD!

ISBN-10: 0691117527

ISBN-13: 9780691117522

Edition: 2007

Authors: Louis Bachelier, Mark Davis, Alison Etheridge, Paul A. Samuelson

List price: $78.50
Shipping box This item qualifies for FREE shipping.
Blue ribbon 30 day, 100% satisfaction guarantee!
what's this?
Rush Rewards U
Members Receive:
Carrot Coin icon
XP icon
You have reached 400 XP and carrot coins. That is the daily max!


March 29, 1900, is considered by many to be the day mathematical finance was born. On that day a French doctoral student, Louis Bachelier, successfully defended his thesisTheacute;orie de la Speacute;culationat the Sorbonne. The jury, while noting that the topic was "far away from those usually considered by our candidates," appreciated its high degree of originality. This book provides a new translation, with commentary and background, of Bachelier's seminal work. Bachelier's thesis is a remarkable document on two counts. In mathematical terms Bachelier's achievement was to introduce many of the concepts of what is now known as stochastic analysis. His purpose, however, was to give a…    
Customers also bought

Book details

List price: $78.50
Copyright year: 2007
Publisher: Princeton University Press
Publication date: 9/25/2006
Binding: Hardcover
Pages: 208
Size: 6.25" wide x 9.25" long x 0.75" tall
Weight: 0.990
Language: English

Paul Samuelson was the first American recipient of the Nobel Prize in economics. Born in Indiana, he did his undergraduate work at the University of Chicago and earned a Ph.D. at Harvard University, where he studied with Alvin Hansen. He taught for several decades at M.I.T. Samuelson's first major work was Foundations of Economic Analysis (1947), a mathematical treatment of economic theory and principles. Later he made extensive contributions to professional journals in virtually all areas of economic theory. Often he would be the first to offer a mathematical proof of a proposition when most other economists could sense it only intuitively. In 1948 he published the first edition of…    

Mathematics and Finance
Theacute;orie de la Speacute;culation
From Bachelier to Kreps, Harrison and Pliska
Facsimile of Bachelier's Original Thesis