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129137
BACHELIER, Louis.

Les Nouvelles Méthodes du Calcul des Probabilités.

Availability: In stock

Published: Paris Gauthier-Villars, 1939

Stock Code: 129137

£275
OR On display in 100 Fulham Road

Notes

First edition. 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. The present treatise on calculating probability was written towards the end of the author's life; he states that the methods of calculating probability are stuck in the methodology of a century ago, and aims to offer a new, advanced method.

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Description

Octavo. Original printed wrappers.

Condition

Publisher's price sticker on rear cover. Front cover re-attached, spine chipped with some neat repair; a very good copy.

Delivery

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