Abstract
The first World congress of the Bachelier Finance Society has celebrated the centenary of Louis Bachelier’s thesis “Théorie de la spéculation”. A brief account of this dissertation together with life and work of the author is given on the nice paper [1]. The aim of the present note is to embedding this landmark event [2] into the development of probability and finance, a relationship which is ignored in the literature to a great extend comparing with the intimate relation between probability and physics (see [3]).
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References
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Girlichl, HJ. (2001). First Steps to Stochastic Finance. In: Kohlmann, M., Tang, S. (eds) Mathematical Finance. Trends in Mathematics. Birkhäuser, Basel. https://doi.org/10.1007/978-3-0348-8291-0_16
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