Springer Texts in Business and Economics
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The Brownian Motion

A Rigorous but Gentle Introduction for Economists

Authors: Löffler, Andreas, Kruschwitz, Lutz

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  • Explains the mathematical background of modern financial theory
  • Provides numerous illustrative examples that can be understood with basic mathematical knowledge
  • Focusses on the practice by abstaining from elaborating proofs
  • Open access
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eBook  
  • ISBN 978-3-030-20103-6
  • This book is an open access book, you can download it for free on link.springer.com
Hardcover 51,99 €
price for Spain (gross)
  • ISBN 978-3-030-20102-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
About this Textbook

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. 

About the authors

Andreas Löffler received his postdoctoral qualification (habilitation) in Mathematics and Economics from the University of Leipzig and Free University Berlin, Germany, and has been a Professor of Banking and Finance at the Department of Finance, Accounting and Taxation of the Free University of Berlin since 2012.

 

Lutz Kruschwitz is a Professor Emeritus of Banking and Finance at the Free University of Berlin, Germany.


Table of contents (7 chapters)

Table of contents (7 chapters)
  • Introduction

    Pages 1-13

    Löffler, Andreas (et al.)

  • Set Theory

    Pages 15-28

    Löffler, Andreas (et al.)

  • Measures and Probabilities

    Pages 29-57

    Löffler, Andreas (et al.)

  • Random Variables

    Pages 59-68

    Löffler, Andreas (et al.)

  • Expectation and Lebesgue Integral

    Pages 69-86

    Löffler, Andreas (et al.)

Buy this book

eBook  
  • ISBN 978-3-030-20103-6
  • This book is an open access book, you can download it for free on link.springer.com
Hardcover 51,99 €
price for Spain (gross)
  • ISBN 978-3-030-20102-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
The Brownian Motion
Book Subtitle
A Rigorous but Gentle Introduction for Economists
Authors
Series Title
Springer Texts in Business and Economics
Copyright
2019
Publisher
Springer International Publishing
Copyright Holder
The Author(s)
eBook ISBN
978-3-030-20103-6
DOI
10.1007/978-3-030-20103-6
Hardcover ISBN
978-3-030-20102-9
Series ISSN
2192-4333
Edition Number
1
Number of Pages
X, 125
Number of Illustrations
34 b/w illustrations, 15 illustrations in colour
Topics