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The Stock Market and Probability

  • Nicolas Bouleau

Abstract

The ball which the croupier throws onto the roulette table moves in a well-determined direction, with each bounce governed by the laws of mechanics. Their succession is so complex however , that the slot where it finally comes to rest is governed by chance. The laws for the calculation of probabilities govern the gamblers’ winnings based on their bets.

Keywords

Financial Market Bell Curve Probable Gain Stock Market Price Pure Risk 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag London 1998

Authors and Affiliations

  • Nicolas Bouleau
    • 1
  1. 1.École des PontsParisFrance

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