Le Jeu, la Chance et le Hasard.
de BACHELIER, Louis
- Usado
- First
- Estado
- Ver descripción
- Librería
-
London, United Kingdom
Formas de pago aceptadas
Sobre este artículo
Paris: Ernest Flammarion, Editeur,, 1914. The mathematical expectation of the speculator is zero First edition of this popularization of Bachelier's work on speculation. Bachelier summarized his main idea in a single sentence - "The mathematical expectation of the speculator is zero." Louis Bachelier (1870-1946) was an eminent French mathematician and a pioneer in the study of financial mathematics. During his studies at the Sorbonne he wrote his famous thesis, Théorie de la speculation (1900), in which he defined Brownian motion, predating Einstein by five years, and discussed its application to the evaluation of stock options. It was the first paper to use advanced mathematics in the study of finance, and was popularized in this volume, Le Jeu, La Chance et le Hasard (Games, Chance, and Randomness). The economic aspect of Bachelier's work went largely unrecognised in his lifetime until its rediscovery by financial economists over fifty years later, with astounding results. Within 25 years the theory of option pricing was substantially complete, and a multibillion-dollar global industry of option trading had emerged. Uncommon. Octavo. Original orange wrappers, spine and sides lettered in black, edges uncut. Black and white illustrations in the text. Joints a little rubbed, spine ends with a little wear. Paper stock lightly toned; a very good copy.
Reseñas
(¡Iniciar sesión or Crear una cuenta primero!)
Detalles
- Librería
- Peter Harrington (GB)
- Inventario del vendedor #
- 143405
- Título
- Le Jeu, la Chance et le Hasard.
- Autor
- BACHELIER, Louis
- Estado del libro
- Usado
- Lugar de publicación
- Paris: Ernest Flammarion, Editeur,
- Fecha de publicación
- 1914
Términos de venta
Peter Harrington
All major credit cards are accepted. Both UK pounds and US dollars (exchange rate to be agreed) accepted. Books may be returned within 14 days of receipt for any reason, please notify first of returned goods.
Sobre el vendedor
Peter Harrington
Miembro de Biblio desde 2006
London
Sobre Peter Harrington
Since its establishment, Peter Harrington has specialised in sourcing, selling and buying the finest quality original first editions, signed, rare and antiquarian books, fine bindings and library sets. Peter Harrington first began selling rare books from the Chelsea Antiques Market on London's King's Road. For the past twenty years the business has been run by Pom Harrington, Peter's son.
Glosario
Algunos términos que podrían usarse en esta descripción incluyen:
- Octavo
- Another of the terms referring to page or book size, octavo refers to a standard printer's sheet folded four times, producing...
- Spine
- The outer portion of a book which covers the actual binding. The spine usually faces outward when a book is placed on a shelf....
- Wrappers
- The paper covering on the outside of a paperback. Also see the entry for pictorial wraps, color illustrated coverings for...
- Edges
- The collective of the top, fore and bottom edges of the text block of the book, being that part of the edges of the pages of a...
- First Edition
- In book collecting, the first edition is the earliest published form of a book. A book may have more than one first edition in...