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Jules Regnault
Jules Augustin Frédéric Regnault (; 1 February 1834, Béthencourt – 9 December 1894, Paris) was a French stock broker's assistant who first suggested a modern theory of stock price changes i''Calcul des Chances et Philosophie de la Bourse''(1863), using a random walk model. A key conclusion appears on Page 50: "''l'écart des cours est en raison directe de la racine carrée des temps''", in English: "the deviation of prices is directly proportional to the square root of time". He is also one of the first authors who tried to create a "stock exchange science" based on statistical and probabilistic analysis. His hypotheses were used by Louis Bachelier. Biography During the first years of his life, Jules Regnault lived in the département du Nord (France) where his father worked. When his father died on January 16, 1846, in Paris, his family moved to Brussels, where Odilon, Jules’ brother, became a writer and a student at the Université Libre de Bruxelles in advanced mat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Béthencourt
Béthencourt () is a commune in the Nord department in northern France. Population Heraldry See also *Communes of the Nord department The following is a list of the 648 communes of the Nord department of the French Republic. The communes cooperate in the following intercommunalities (as of 2020):Communes of Nord (French department) {{Nord-geo-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grand Dictionnaire Universel Du XIXe Siècle
The ''Grand dictionnaire universel du XIXe siècle'' (''Great Universal Dictionary of the 19th Century''), often called the ''Grand Larousse du dix-neuvième'', is a French encyclopedic dictionary. It was planned, directed, published, and to a substantial degree written by Pierre Larousse, though he also relied on anonymous fellow contributors and though he died in 1875, before its completion. The publication of the ''Grand dictionnaire universel'' in 15 volumes of 1500 pages extended from 1866 to 1876. Two supplements were published in 1877 and 1890. Description Volumes 1–15, covering A-Z, were issued from 1866 to 1876. A supplement (Volume 16) was published in 1877, and a second supplement (Volume 17), in 1890.Sevol. 17, pp. 2023–2024 The Larousse firm also published further supplements in the form of a magazine called ''Revue encyclopédique'' (1891-1900) then ''Revue universelle'' (1900-1905). Unlike Émile Littré's contemporary dictionary, the ''Grand Larousse'' is pri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1894 Deaths
Events January–March * January 4 – A military alliance is established between the French Third Republic and the Russian Empire. * January 7 – William Kennedy Dickson receives a patent for motion picture film in the United States. * January 9 – New England Telephone and Telegraph installs the first battery-operated telephone switchboard, in Lexington, Massachusetts. * February 12 ** French anarchist Émile Henry sets off a bomb in a Paris café, killing one person and wounding twenty. ** The barque ''Elisabeth Rickmers'' of Bremerhaven is wrecked at Haurvig, Denmark, but all crew and passengers are saved. * February 15 ** In Korea, peasant unrest erupts in the Donghak Peasant Revolution, a massive revolt of followers of the Donghak movement. Both China and Japan send military forces, claiming to come to the ruling Joseon dynasty government's aid. ** At 04:51 GMT, French anarchist Martial Bourdin dies of an accidental detonation of his own bom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1834 Births
Events January–March * January – The Wilmington and Raleigh Railroad is chartered in Wilmington, North Carolina. * January 1 – Zollverein (Germany): Customs charges are abolished at borders within its member states. * January 3 – The government of Mexico imprisons Stephen F. Austin in Mexico City. * February 13 – Robert Owen organizes the Grand National Consolidated Trades Union in the United Kingdom. * March 6 – York, Upper Canada, is incorporated as Toronto. * March 11 – The United States Survey of the Coast is transferred to the Department of the Navy. * March 14 – John Herschel discovers the open cluster of stars now known as NGC 3603, observing from the Cape of Good Hope. * March 28 – Andrew Jackson is censured by the United States Congress (expunged in 1837). April–June * April 10 – The LaLaurie mansion in New Orleans burns, and Madame Marie Delphine LaLaurie flees to France. * April 14 – The Whig Party is officially named by Unit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Murad Taqqu
Murad Taqqu (Arabic: مراد تقّو) is an Iraqi probabilist and statistician specializing in time series and stochastic processes. His research areas have included long-range dependence, self-similar processes, and heavy tails. He is a Professor of Mathematics at Boston University and received his Ph.D. from Columbia University. He has published over 250 papers, many of which are considered seminal work. He has co-authored or co-edited 9 books. Education and career Taqqu was born in Baghdad, Iraq, and grew up in Switzerland. As an undergraduate, he studied Physics and Mathematics at the École Polytechnique Fédérale de Lausanne. He pursued his PhD at Columbia University, during which time he studied with Benoit Mandelbrot. Between 1972 and 1974 Taqqu lectured at Hebrew University in Jerusalem and worked as a post-doctoral fellow at the Weizmann Institute in Rehovot, Israel. From 1974 to 1985, he was a faculty member at the School of Operations Research and Industrial Engine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vinzenz Bronzin
Vinzenz Bronzin (1872 in Rovigno – 1970 in Trieste) was an Italian mathematics professor, known today for an early ("rediscovered") option pricing formula, similar to, and predating, the Black–Scholes 1973 formula; he also provided a formulation of put–call parity, written up formally only in 1969 by Stoll. Bronzin was born in Rovigno (now Rovinj), Istria. He studied engineering at the Vienna Polytechnic Institute, and then mathematics and pedagogics at the University of Vienna. He was made a professor at the Accademia di Commercio e Nautica, Trieste, Italy, in 1900; his focus was "Political and Commercial Arithmetic", which included actuarial science and probability theory. In 1910 he accepted the position of director. In 1937 he resigned from all of his positions at the Academia at the age of 65. In 1908 Bronzin published hi''Theorie der Prämiengeschäfte''(German: "Theory of Premium Contracts") discussing a then current type of option contract. Almost eve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Econometrics
Econometrics is the application of Statistics, statistical methods to economic data in order to give Empirical evidence, empirical content to economic relationships.M. Hashem Pesaran (1987). "Econometrics," ''The New Palgrave: A Dictionary of Economics'', v. 2, p. 8 [pp. 8–22]. Reprinted in J. Eatwell ''et al.'', eds. (1990). ''Econometrics: The New Palgrave''p. 1[pp. 1–34].Abstract (The New Palgrave Dictionary of Economics, 2008 revision by J. Geweke, J. Horowitz, and H. P. Pesaran). More precisely, it is "the quantitative analysis of actual economic Phenomenon, phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference". An introductory economics textbook describes econometrics as allowing economists "to sift through mountains of data to extract simple relationships". Jan Tinbergen is one of the two founding fathers of econometrics. The other, Ragnar Frisch, also coined the term in the sense in which it is used toda ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pierre Larousse
Pierre Athanase Larousse (23 October 18173 January 1875) was a French grammarian, lexicographer and encyclopaedist. He published many of the outstanding educational and reference works of 19th-century France, including the 15-volume ''Grand dictionnaire universel du XIXe siècle''. Early life Pierre Larousse was born in Toucy, where his father was a blacksmith. At the age of sixteen he won a scholarship at the teaching school in Versailles. Four years later, he returned to Toucy to teach in a primary school, but became frustrated by the archaic and rigid teaching methods. In 1840 he moved to Paris to improve his own education by taking free courses. Career From 1848 to 1851 he taught at a private boarding school, where he met his future wife, Suzanne Caubel (although they did not marry until 1872). Together, in 1849, they published a French language course for children. In 1851 he met Augustin Boyer, another disillusioned ex-teacher, and together they founded the ''Librairie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paris
Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Since the 17th century, Paris has been one of the world's major centres of finance, diplomacy, commerce, fashion, gastronomy, and science. For its leading role in the arts and sciences, as well as its very early system of street lighting, in the 19th century it became known as "the City of Light". Like London, prior to the Second World War, it was also sometimes called the capital of the world. The City of Paris is the centre of the Île-de-France region, or Paris Region, with an estimated population of 12,262,544 in 2019, or about 19% of the population of France, making the region France's primate city. The Paris Region had a GDP of €739 billion ($743 billion) in 2019, which is the highest in Europe. According to the Economist Intelli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brussels
Brussels (french: Bruxelles or ; nl, Brussel ), officially the Brussels-Capital Region (All text and all but one graphic show the English name as Brussels-Capital Region.) (french: link=no, Région de Bruxelles-Capitale; nl, link=no, Brussels Hoofdstedelijk Gewest), is a region of Belgium comprising 19 municipalities, including the City of Brussels, which is the capital of Belgium. The Brussels-Capital Region is located in the central portion of the country and is a part of both the French Community of Belgium and the Flemish Community, but is separate from the Flemish Region (within which it forms an enclave) and the Walloon Region. Brussels is the most densely populated region in Belgium, and although it has the highest GDP per capita, it has the lowest available income per household. The Brussels Region covers , a relatively small area compared to the two other regions, and has a population of over 1.2 million. The five times larger metropolitan area of Brusse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Département Du Nord
Nord (; officially french: département du Nord; pcd, départémint dech Nord; nl, Noorderdepartement, ) is a department in Hauts-de-France region, France bordering Belgium. It was created from the western halves of the historical counties of Flanders and Hainaut, and the Bishopric of Cambrai. The modern coat of arms was inherited from the County of Flanders. Nord is the country's most populous department. It had a population of 2,608,346 in 2019.Populations légales 2019: 59 Nord INSEE It also contains the metropolitan region of (the main city and the |
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