Louis Bachelier
Mathematician known for financial theory
Born
March 11th, 1870
155 years ago
Died
April 28th, 1946
79 years ago — 76 years old
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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