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Econ 138: Financial and Behavioral Economics: Brownian Motion in The Stock Market January 25, 2017 PDF

26 Pages·2020·English
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by ['econdocs']| 2020| 26 pages| English

About Econ 138: Financial and Behavioral Economics: Brownian Motion in The Stock Market January 25, 2017

The document discusses Brownian motion in stock prices. It summarizes papers on Brownian motion and the lognormal distribution of stock prices. The lecture agenda includes discussing stock price movement, the Weber-Fechner law of logarithmic perception of stimuli, the lognormal price distribution, Brownian motion, implications for trading, and Brownian motion dynamics. Figures from the papers show that stock prices and log of prices are distributed in a way consistent with Brownian motion and the lognormal distribution.

Detailed Information

Author:['econdocs']
Publication Year:2020
Pages:26
Language:English
Format:PDF
Price:FREE
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