a Rigorous but Gentle Introduction for Economists /
First Statement of Responsibility
by Andreas Löffler, Lutz Kruschwitz.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
Cham :
Name of Publisher, Distributor, etc.
Springer,
Date of Publication, Distribution, etc.
2019.
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
1 online resource (x, 125 pages) :
Other Physical Details
illustrations (some color)
SERIES
Series Title
Springer Texts in Business and Economics,
ISSN of Series
2192-4333
INTERNAL BIBLIOGRAPHIES/INDEXES NOTE
Text of Note
Includes bibliographical references and index.
CONTENTS NOTE
Text of Note
Introduction -- Set Theory -- Measures and Probabilities -- Random Variables -- Expectation and Lebesque Integral -- Wiener's Construction of the Brownian motion -- Supplements -- References -- Index.
0
SUMMARY OR ABSTRACT
Text of Note
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.