Introduction to Brownian Motion

We give an introduction to Brownian motion. We will need Brownian motion when we discuss the Black-Scholes equation for pricing financial derivatives.

#mikedabkowski, #mikethemathematician, #profdabkowski, #mathfinance

[perkelator]

I think I sort of understood the general concept of what Brownian motion implies (Markov Chain properties etc). However why the scaling factor being sqrt?

[joseivan]

W(t+s) - W(t) = N(0, s) is independent of W(l), l <= t, does this imply that the brownian motion is a wide-stationary process?

[swaystar]

i agree with starz that made no sense frfr. You just stated it the theory rather than explaining it

[starz]

ngl that made no sense on g fr fr ps. you kinda carry mike no cap