Louis Bachelier On the centenary of Théorie de la Spéculation

Jean-Michel Courtault (courtault.jean-michel@univ-paris13.fr), Youri Kabanov (youri.kabanov@univ-fcomte.fr), Bernard Bru, Pierre Crepel, Isabelle Lebon and Arnaud Le Marchand
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Bernard Bru: MAP5 - UMR 8145 - Mathématiques Appliquées Paris 5 - UPD5 - Université Paris Descartes - Paris 5 - INSMI-CNRS - Institut National des Sciences Mathématiques et de leurs Interactions - CNRS Mathématiques - CNRS - Centre National de la Recherche Scientifique
Authors registered in the RePEc Author Service: Юрий Михайлович Кабанов

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Abstract: Written on the occasion of the centenary of Louis Bachelier's 1900 PhD thesis "Théorie de la spéculation", this paper puts Bachelier into a historical perspective. It explains his role as a pioneer in both mathematical finance and probability theory, and it also gives a careful account of Bachelier's difficult personal and scientific career. This includes a discussion of Poincaré's report on the PhD thesis (the report itself with an English translation is reproduced in the appendix), and an explanation for the controversy between Bachelier's work and Paul L´evy's reports on it. The paper also contains a curriculum vitae and a list of the publications of Bachelier is made available.

Keywords: Louis Bachelier; Biography; History of sciences (search for similar items in EconPapers)
Date: 2000-07-01
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00447592
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Citations: View citations in EconPapers (14)

Published in Mathematical Finance, 2000, 10 (3), pp.339-353

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Journal Article: Louis Bachelier on the Centenary of Théorie de la Spéculation (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00447592

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