Louis Bachelier

Mathematician known for financial theory

Louis Bachelier - Thinkers & Philosophers born March 11th, 1870
Born
Died
Category

Thinkers & Philosophers

Country

France

Links & References

Born in France, a mathematician and theory specialist developed fundamental concepts in probability theory. Dissertation titled 'The Theory of Speculation' introduced stochastic processes to finance, laying the groundwork for modern financial mathematics. Contributions to the field of random walks and Brownian motion have influenced various disciplines, including economics and engineering.

Developed the theory of speculation

Introduced stochastic processes to finance

Influenced modern financial mathematics

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