Want to be notified when a new article is posted? Entere your email here.

Wednesday, March 09, 2005

A Non-Technical Introduction to Brownian Motion (by Don Chance)

Once again, Jim Mahar at Financeprofessor.com brings us some useful material for the classroom. He links to this piece by Don Chance in Financial Engineering News, titled "A Non-Technical Introduction to Brownian Motion". It's perfect for students who want a relatively low-tech explanation of brownian motion and weiner processes.

For those with better math chops, there's also Shimko's Finance in Continuous Time: A Primer. It's still fairly approachable (hey - it got me through grad school, so it can't be too hard.)

No comments: