This open access textbook is the first to provide Business and Economics Ph.D. students with a precise and intuitive introduction to the formal backgrounds of modern financial theory. It explains Brownian motion, random processes, measures, and Lebesgue integrals intuitively, but without sacrificing the necessary mathematical formalism, making them accessible for readers with little or no previous knowledge of the field. It also includes mathematical definitions and the hidden stories behind the terms discussing why the theories are presented in specific ways.
This open book is licensed under a Creative Commons License (CC BY). You can download The Brownian Motion ebook for free in PDF format (2.6 MB).
Economics and Finance
This introductory text covers all the key concepts, relationships, and ideas behind spaceflight and is the perfect companion for students pursuing courses on or related to astronautics. As a crew member of the STS-55 Space Shuttle mission and a full professor of astronautics at the Technical University of Munich, Ulrich Walter is an acknowledged ex...
In the current crisis of the capitalist world system, elites promote fear of crime and terrorism to keep and expand their privileges and control the masses. This book offers an analysis of the crisis and strategies for rebellion....
This book covers seismic probabilistic risk assessment (S-PRA) and related studies which have become more important to increase the safety of nuclear facilities against earthquakes and tsunamis in the face of the many uncertainties after the Fukushima accident. The topics are (1) Active faults and active tectonics important for seismic hazard asses...
This open access book explores commentaries on an influential text of pre-Copernican astronomy in Europe. It features essays that take a close look at key intellectuals and how they engaged with the main ideas of this qualitative introduction to geocentric cosmology.
Johannes de Sacrobosco compiled his Tractatus de sphaera during the thirteenth ce...
In this updated edition of a groundbreaking text, concepts such as energy return on investment (EROI) provide powerful insights into the real balance sheets that drive our "petroleum economy." Hall and Klitgaard explore the relation between energy and the wealth explosion of the 20th century, and the interaction of internal limits to grow...
This book is an introductory text for all those wishing to learn about modern views of the cosmos. Our universe originated in a great explosion – the big bang. For nearly a century cosmologists have studied the aftermath of this explosion: how the universe expanded and cooled down, and how galaxies were gradually assembled by gravity. The nature ...